THE COPPY, RED LANE, COLNE, BB8 7JR - £650,000

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 COPPY is a very large extended detached house of 261m², built sometime between 1900 and 1929, which could now be worth an estimated £1,128,047. It was last sold for £650,000 in April 2014, which was around 312% above the average April 2014 detached price in the Pendle local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

THE COPPY Sold Prices

Land registry data shows two sales for THE COPPY 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 THE COPPY 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 16 APR	£650,000	£157,725	312% above HPI
1999 15 OCT	£340,000	£65,003	423% above HPI

THE COPPY 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 THE COPPY sales from October 1999 and April 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 1999 sale was for 423% above the HPI. So the extrapolation line tracks at 423% above the HPI over time, until the April 2014 sale, where it falls to 312% above the HPI. The line then continues to track at 312% above the HPI.

What might THE COPPY be worth now?

THE COPPY might now be worth an estimated £1,128,047.

This is based on house price inflation of 73.5%, between April 2014 and February 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 73.5% inflationary increase is applied to the most recent sale price for THE COPPY of £650,000 on 16th April 2014. For the value to have increased from £650,000 to £1,128,047 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of THE COPPY has moved in line with the HPI for detached houses in the Pendle local authority area.
• The April 2014 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of THE COPPY has not materially changed since April 2014.

How Large is THE COPPY?

THE COPPY is 261m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% 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 COPPY lies on this distribution: 97% of detached houses houses are smaller than THE COPPY, and 3% of houses are larger. Note that EPC data is not available for all properties in Colne.

THE COPPY: Plot and Title Map

THE COPPY sits on a plot of roughly 1.1 acres, or 4,343m². The below map shows the location of THE COPPY, 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 COPPY). 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 COPPY?

THE COPPY is located on RED LANE in COLNE, in the BB8 postcode district. The below map shows the position of THE COPPY on RED LANE.