THE ARK, EARITH ROAD, COLNE, HUNTINGDON, PE28 3NL - £315,000

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.

THE ARK is a large extended detached house of 181m², built sometime between 1983 and 1990, which could now be worth an estimated £525,701. It was last sold for £315,000 in February 2014, which was around 11% above the average February 2014 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

THE ARK Sold Prices

Land registry data shows two sales for THE ARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. Both of the two THE ARK 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
2014 25 FEB	£315,000	£284,536	11% above HPI
2004 28 OCT	£248,500	£241,328	3% above HPI

THE ARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two THE ARK sales from October 2004 and February 2014 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 October 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might THE ARK be worth now?

THE ARK might now be worth an estimated £525,701.

This is based on house price inflation of 66.9%, between February 2014 and February 2025, for detached houses, in the Huntingdonshire 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 THE ARK of £315,000 on 25th February 2014. For the value to have increased from £315,000 to £525,701 over the eleven years to February 2025, the following assumptions must hold true:

• The value of THE ARK has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The February 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of THE ARK has not materially changed since February 2014.

How Large is THE ARK?

THE ARK is 181m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% 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 THE ARK lies on this distribution: 76% of detached houses houses are smaller than THE ARK, and 24% of houses are larger. Note that EPC data is not available for all properties in Colne.

THE ARK: Plot and Title Map

THE ARK sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of THE ARK, 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 THE ARK). 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 THE ARK?

THE ARK is located on EARITH ROAD in COLNE, in the PE28 postcode district. The below map shows the position of THE ARK on EARITH ROAD.