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

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

PENDLE DENE is a very large detached house of 186m², built sometime between 1900 and 1929. It was last sold for £399,950 in October 2019, which was around 104% 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	£196,037	104% above HPI
2013 17 DEC	£340,000	£153,187	122% 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 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the October 2019 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.

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 in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where PENDLE DENE lies on this distribution: 90% of detached houses are smaller than PENDLE DENE, and 10% 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.