BOLTON LAITHE FARM, COAL PIT LANE, COLNE, BB8 8NR - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BOLTON LAITHE FARM is a very large extended detached house of 181m², built sometime before 1900. It was last sold for £525,000 in September 2021, which was around 120% above the average September 2021 detached price in the Pendle local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

BOLTON LAITHE FARM Sold Prices

Land registry data shows four sales for BOLTON LAITHE FARM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four BOLTON LAITHE FARM 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
2021 16 SEP	£525,000	£238,486	120% above HPI
2008 31 OCT	£300,000	£171,777	75% above HPI
2005 16 DEC	£335,000	£139,117	141% above HPI
2003 15 OCT	£270,000	£89,064	203% above HPI

BOLTON LAITHE FARM 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 four BOLTON LAITHE FARM sales between October 2003 and September 2021 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 2008 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the September 2021 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is BOLTON LAITHE FARM?

BOLTON LAITHE FARM is 181m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where BOLTON LAITHE FARM lies on this distribution: 88% of detached houses are smaller than BOLTON LAITHE FARM, and 12% of houses are larger. Note that EPC data is not available for all properties in Colne.

BOLTON LAITHE FARM: Plot and Title Map

BOLTON LAITHE FARM sits on a plot of roughly 0.456 of an acre, or 1,847m². The below map shows the location of BOLTON LAITHE FARM, 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 BOLTON LAITHE FARM). 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 BOLTON LAITHE FARM?

BOLTON LAITHE FARM is located on COAL PIT LANE in COLNE, in the BB8 postcode district. The below map shows the position of BOLTON LAITHE FARM on COAL PIT LANE.