WEST SPRINGFIELD, CASTLE ROAD, COLNE, BB8 7EA - £390,000

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.

WEST SPRINGFIELD is a very large extended semi-detached house of 203m², built sometime between 1900 and 1929, which could now be worth an estimated £597,895. It was last sold for £390,000 in October 2016, which was around 256% above the average October 2016 semi-detached price in the Pendle local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

WEST SPRINGFIELD Sold Prices

Land registry data shows two sales for WEST SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two WEST SPRINGFIELD 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
2016 20 OCT	£390,000	£109,700	256% above HPI
2007 6 JUL	£315,000	£115,930	172% above HPI

WEST SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The two WEST SPRINGFIELD sales from July 2007 and October 2016 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 July 2007 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the October 2016 sale, where it rises to 256% above the HPI. The line then continues to track at 256% above the HPI.

What might WEST SPRINGFIELD be worth now?

WEST SPRINGFIELD might now be worth an estimated £597,895.

This is based on house price inflation of 53.3%, between October 2016 and March 2025, for semi-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 53.3% inflationary increase is applied to the most recent sale price for WEST SPRINGFIELD of £390,000 on 20th October 2016. For the value to have increased from £390,000 to £597,895 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of WEST SPRINGFIELD has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The October 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of WEST SPRINGFIELD has not materially changed since October 2016.

How Large is WEST SPRINGFIELD?

WEST SPRINGFIELD is 203m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of semi-detached houses houses in Colne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colne, and where WEST SPRINGFIELD lies on this distribution: 92% of semi-detached houses houses are smaller than WEST SPRINGFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Colne.

WEST SPRINGFIELD: Plot and Title Map

WEST SPRINGFIELD sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of WEST SPRINGFIELD, 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 WEST SPRINGFIELD). 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 WEST SPRINGFIELD?

WEST SPRINGFIELD is located on CASTLE ROAD in COLNE, in the BB8 postcode district. The below map shows the position of WEST SPRINGFIELD on CASTLE ROAD.