WHITEHOUSE, SPRING GROVE, COLNE, BB8 7HH - £390,000

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

WHITEHOUSE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £390,000 in January 2021, which was around 81% above the average January 2021 detached price in the Pendle local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was D.

WHITEHOUSE Sold Prices

Land registry data shows three sales for WHITEHOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three WHITEHOUSE 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
2021 21 JAN	£390,000	£215,582	81% above HPI
2015 27 NOV	£290,000	£171,337	69% above HPI
2001 3 AUG	£110,000	£70,930	55% above HPI

WHITEHOUSE 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 three WHITEHOUSE sales between August 2001 and January 2021 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 November 2015 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is WHITEHOUSE?

WHITEHOUSE is 90m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where WHITEHOUSE lies on this distribution: 21% of detached houses are smaller than WHITEHOUSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colne.

WHITEHOUSE: Plot and Title Map

WHITEHOUSE sits on a plot of roughly 1,067.7 acres, or 4,320,983m². The below map shows the location of WHITEHOUSE, 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 WHITEHOUSE). 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 WHITEHOUSE?

WHITEHOUSE is located on SPRING GROVE in COLNE, in the BB8 postcode district. The below map shows the position of WHITEHOUSE on SPRING GROVE.