7, DERWENT CLOSE, COLNE, BB8 7DB - £160,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 DERWENT CLOSE is a very small semi-detached house of 69m², built sometime between 1967 and 1975. It was last sold for £160,000 in June 2016, which was around 9% below the average June 2016 detached price in the Pendle local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

7 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 7 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three 7 DERWENT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 24 JUN	£160,000	£174,954	9% below HPI
2006 20 OCT	£150,000	£159,677	6% below HPI
1999 23 JUL	£57,500	£63,256	9% below HPI

7 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The three 7 DERWENT CLOSE sales between July 1999 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 DERWENT CLOSE?

7 DERWENT CLOSE is 69m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 7 DERWENT CLOSE lies on this distribution: 4% of detached houses are smaller than 7 DERWENT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Colne.

7 DERWENT CLOSE: Plot and Title Map

7 DERWENT CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 7 DERWENT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 DERWENT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 DERWENT CLOSE?

7 DERWENT CLOSE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 7 on DERWENT CLOSE.