1 Phillips Lane

    1, PHILLIPS LANE, COLNE, BB8 8JB

    This terraced leasehold property on Phillips Lane last sold in June 2017 for £89,000. Based on price growth in the BB8 district since then, its estimated current value is £124,816 — placing it in the 8th percentile nationally and the 34th percentile within BB8. The property covers 118 m² (1,270 sq ft), giving an estimated value of £1,058 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £89,000

    Jun 2017

    Estimated Valuation

    £124,816

    Est. £/sq ft

    £98/sq ft

    £1,058/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateMay 2026
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2017

    £89,000

    5 Dec 2008

    £60,000

    31 Mar 2003

    £32,000

    Key Metrics

    Estimated valuation£124,816
    Value per sq ft / m²£98/sq ft (£1,058/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile34th percentile
    National percentile8th 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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