CLOUD EDGE, RED LANE, COLNE, BB8 7JR - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CLOUD EDGE is a very large extended semi-detached house of 255m², built sometime between 1950 and 1966, which could now be worth an estimated £314,972. It was last sold for £200,000 in January 2016, which was around 90% above the average January 2016 semi-detached price in the Pendle local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

CLOUD EDGE Sold Prices

Land registry data shows three sales for CLOUD EDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. All of the three CLOUD EDGE 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
2016 4 JAN	£200,000	£105,069	90% above HPI
2015 9 JAN	£355,500	£99,863	256% above HPI
2003 22 OCT	£180,000	£53,018	240% above HPI

CLOUD EDGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The three CLOUD EDGE sales between October 2003 and January 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 January 2015 sale was for 256% above the HPI. So the extrapolation line tracks at 256% above the HPI over time, until the January 2016 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might CLOUD EDGE be worth now?

CLOUD EDGE might now be worth an estimated £314,972.

This is based on house price inflation of 57.5%, between January 2016 and February 2025, for semi-detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.5% inflationary increase is applied to the most recent sale price for CLOUD EDGE of £200,000 on 4th January 2016. For the value to have increased from £200,000 to £314,972 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of CLOUD EDGE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The January 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of CLOUD EDGE has not materially changed since January 2016.

How Large is CLOUD EDGE?

CLOUD EDGE is 255m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of semi-detached houses houses in Colne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colne, and where CLOUD EDGE lies on this distribution: 96% of semi-detached houses houses are smaller than CLOUD EDGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Colne.

CLOUD EDGE: Plot and Title Map

CLOUD EDGE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of CLOUD EDGE, 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 CLOUD EDGE). 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 CLOUD EDGE?

CLOUD EDGE is located on RED LANE in COLNE, in the BB8 postcode district. The below map shows the position of CLOUD EDGE on RED LANE.