8, NETHERHEYS CLOSE, COLNE, BB8 9QY - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NETHERHEYS CLOSE is a very large detached house of 214m², built sometime between 1983 and 1990. It was last sold for £415,000 in May 2022, which was around 72% above the average May 2022 detached price in the Pendle local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

8 NETHERHEYS CLOSE Sold Prices

Land registry data shows three sales for 8 NETHERHEYS 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 8 NETHERHEYS CLOSE sales were for above 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
2022 20 MAY	£415,000	£240,812	72% above HPI
2008 16 JUN	£299,000	£187,537	59% above HPI
2006 24 APR	£280,000	£142,274	97% above HPI

8 NETHERHEYS 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 8 NETHERHEYS CLOSE sales between April 2006 and May 2022 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 June 2008 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 8 NETHERHEYS CLOSE?

8 NETHERHEYS CLOSE is 214m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 8 NETHERHEYS CLOSE lies on this distribution: 93% of detached houses are smaller than 8 NETHERHEYS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Colne.

8 NETHERHEYS CLOSE: Plot and Title Map

8 NETHERHEYS CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 8 NETHERHEYS 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 8 NETHERHEYS 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 8 NETHERHEYS CLOSE?

8 NETHERHEYS CLOSE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 8 on NETHERHEYS CLOSE.