MALT HOUSE, KEIGHLEY ROAD, COLNE, BB8 7HE - £325,000

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

MALT HOUSE is a large detached house of 139m², built sometime between 1976 and 1982. It was last sold for £325,000 in December 2023, which was around 26% above the average December 2023 detached price in the Pendle local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

MALT HOUSE Sold Prices

Land registry data shows three sales for MALT HOUSE 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 MALT HOUSE 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
2023 18 DEC	£325,000	£258,565	26% above HPI
2022 4 FEB	£320,000	£234,213	37% above HPI
2002 17 JUN	£155,000	£71,602	116% above HPI

MALT HOUSE 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 MALT HOUSE sales between June 2002 and December 2023 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 February 2022 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is MALT HOUSE?

MALT HOUSE is 139m² according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where MALT HOUSE lies on this distribution: 70% of detached houses are smaller than MALT HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Colne.

MALT HOUSE: Plot and Title Map

MALT HOUSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of MALT HOUSE, 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 MALT HOUSE). 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 MALT HOUSE?

MALT HOUSE is located on KEIGHLEY ROAD in COLNE, in the BB8 postcode district. The below map shows the position of MALT HOUSE on KEIGHLEY ROAD.