PENDLE DENE, FAVORDALE ROAD, COLNE, BB8 7AG - £399,950

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.

PENDLE DENE is a very large detached house of 186m², built sometime between 1900 and 1929, which could now be worth an estimated £542,327. It was last sold for £399,950 in October 2019, which was around 97% above the average October 2019 detached price in the Pendle local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was D.

PENDLE DENE Sold Prices

Land registry data shows two sales for PENDLE DENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two PENDLE DENE 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
2019 18 OCT	£399,950	£203,392	97% above HPI
2013 17 DEC	£340,000	£158,934	114% above HPI

PENDLE DENE 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 two PENDLE DENE sales from December 2013 and October 2019 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 2013 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the October 2019 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might PENDLE DENE be worth now?

PENDLE DENE might now be worth an estimated £542,327.

This is based on house price inflation of 35.6%, between October 2019 and March 2025, for 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 35.6% inflationary increase is applied to the most recent sale price for PENDLE DENE of £399,950 on 18th October 2019. For the value to have increased from £399,950 to £542,327 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of PENDLE DENE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The October 2019 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of PENDLE DENE has not materially changed since October 2019.

How Large is PENDLE DENE?

PENDLE DENE is 186m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colne, and where PENDLE DENE lies on this distribution: 89% of detached houses houses are smaller than PENDLE DENE, and 11% of houses are larger. Note that EPC data is not available for all properties in Colne.

PENDLE DENE: Plot and Title Map

PENDLE DENE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of PENDLE DENE, 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 PENDLE DENE). 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 PENDLE DENE?

PENDLE DENE is located on FAVORDALE ROAD in COLNE, in the BB8 postcode district. The below map shows the position of PENDLE DENE on FAVORDALE ROAD.