40 Red Lane

    40, RED LANE, COLNE, BB8 7JT

    This detached freehold property on Red Lane last sold in April 2025 for £91,250. Based on price growth in the BB8 district since then, its estimated current value is £91,250 — placing it in the 3rd percentile nationally and the 16th percentile within BB8. The property covers 117 m² (1,259 sq ft), giving an estimated value of £780 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £91,250

    Apr 2025

    Estimated Valuation

    £91,250

    Est. £/sq ft

    £72/sq ft

    £780/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2025

    £91,250

    12 Jul 2017

    £190,000

    Key Metrics

    Estimated valuation£91,250
    Value per sq ft / m²£72/sq ft (£780/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile16th percentile
    National percentile3rd percentile

    District Context — BB8

    BB8 covers parts of East Lancashire, including areas around Burnley and the surrounding towns. It is a post-industrial region with a growing focus on affordable family housing and local regeneration.

    Average Property Price - BB8

    £184,684

    8

    National percentile

    Average Net Household Income - BB8

    £25,815

    3

    National percentile

    10-Year Annualised Price Growth - BB8

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB8

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