42 Spring Lane

    42, SPRING LANE, COLNE, BB8 9BD

    This terraced freehold property on Spring Lane last sold in October 2022 for £90,000. Based on price growth in the BB8 district since then, its estimated current value is £96,890 — placing it in the 3rd percentile nationally and the 19th percentile within BB8. The property covers 58 m² (624 sq ft), giving an estimated value of £1,671 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £90,000

    Oct 2022

    Estimated Valuation

    £96,890

    Est. £/sq ft

    £155/sq ft

    £1,671/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMar 2018
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2022

    £90,000

    11 Nov 2005

    £66,000

    25 Feb 2002

    £25,000

    Key Metrics

    Estimated valuation£96,890
    Value per sq ft / m²£155/sq ft (£1,671/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile19th 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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