LAKE VIEW, LANGROYD ROAD, COLNE, BB8 7AN - £323,321

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.

LAKE VIEW is a very large terraced house of 239m², built sometime before 1900, which could now be worth an estimated £539,478. It was last sold for £323,321 in May 2009, which was around 341% above the average May 2009 terraced price in the Pendle local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

LAKE VIEW Sold Prices

Land registry data shows two sales for LAKE VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Both of the two LAKE VIEW 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
2009 1 MAY	£323,321	£73,324	341% above HPI
2003 8 DEC	£265,000	£39,266	575% above HPI

LAKE VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Pendle local authority area over time, sourced from the HPI. The two LAKE VIEW sales from December 2003 and May 2009 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 December 2003 sale was for 575% above the HPI. So the extrapolation line tracks at 575% above the HPI over time, until the May 2009 sale, where it falls to 341% above the HPI. The line then continues to track at 341% above the HPI.

What might LAKE VIEW be worth now?

LAKE VIEW might now be worth an estimated £539,478.

This is based on house price inflation of 66.9%, between May 2009 and June 2025, for terraced 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 66.9% inflationary increase is applied to the most recent sale price for LAKE VIEW of £323,321 on 1st May 2009. For the value to have increased from £323,321 to £539,478 over the fifteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of LAKE VIEW has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The May 2009 sale price of £323,321 represented a fair market value for the property.
• The size, condition, and specification of LAKE VIEW has not materially changed since May 2009.

How Large is LAKE VIEW?

LAKE VIEW is 239m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of terraced houses houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colne, and where LAKE VIEW lies on this distribution: 95% of terraced houses houses are smaller than LAKE VIEW, and 5% of houses are larger. Note that EPC data is not available for all properties in Colne.

LAKE VIEW: Plot and Title Map

LAKE VIEW sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of LAKE VIEW, 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 LAKE VIEW). 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 LAKE VIEW?

LAKE VIEW is located on LANGROYD ROAD in COLNE, in the BB8 postcode district. The below map shows the position of LAKE VIEW on LANGROYD ROAD.