2 Smithy Cottages Mill Lane

    2 SMITHY COTTAGES, MILL LANE, GISBURN, CLITHEROE, BB7 4LN

    This terraced freehold property on Mill Lane last sold in May 2022 for £286,000. Based on price growth in the BB7 district since then, its estimated current value is £313,677 — placing it in the 52nd percentile nationally and the 57th percentile within BB7. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,302 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £286,000

    May 2022

    Estimated Valuation

    £313,677

    Est. £/sq ft

    £307/sq ft

    £3,302/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area1,023 sq ft (95 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    23 May 2022

    £286,000

    Key Metrics

    Estimated valuation£313,677
    Value per sq ft / m²£307/sq ft (£3,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB7 district percentile57th percentile
    National percentile52nd percentile

    District Context — BB7

    BB7 covers parts of Lancashire's coastal and rural hinterland, situated between Preston and the Fylde coast. It is a quieter, family-oriented area with a notably older demographic profile and strong emphasis on owner-occupation.

    Average Property Price - BB7

    £326,281

    50

    National percentile

    Average Net Household Income - BB7

    £37,491

    46

    National percentile

    10-Year Annualised Price Growth - BB7

    3.5%

    49

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB7

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