54 Spring Lane

    54, SPRING LANE, COLNE, BB8 9BD

    This terraced freehold property on Spring Lane last sold in February 2023 for £80,000. Based on price growth in the BB8 district since then, its estimated current value is £91,547 — placing it in the 3rd percentile nationally and the 16th percentile within BB8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,501 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £80,000

    Feb 2023

    Estimated Valuation

    £91,547

    Est. £/sq ft

    £139/sq ft

    £1,501/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateMay 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Feb 2023

    £80,000

    30 Jul 2004

    £55,000

    12 Dec 2003

    £29,950

    Key Metrics

    Estimated valuation£91,547
    Value per sq ft / m²£139/sq ft (£1,501/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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