7 Spring Lane

    7, SPRING LANE, COLNE, BB8 9BD

    This terraced leasehold property on Spring Lane last sold in February 2010 for £114,950. Based on price growth in the BB8 district since then, its estimated current value is £185,665 — placing it in the 21st percentile nationally and the 61st percentile within BB8. The property covers 147 m² (1,582 sq ft), giving an estimated value of £1,263 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,582 sq ft

    147 m²

    Last Sale Price

    £114,950

    Feb 2010

    Estimated Valuation

    £185,665

    Est. £/sq ft

    £117/sq ft

    £1,263/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,582 sq ft (147 m²)
    EPC dateMar 2026
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2010

    £114,950

    31 Mar 1999

    £24,000

    Key Metrics

    Estimated valuation£185,665
    Value per sq ft / m²£117/sq ft (£1,263/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile61st percentile
    National percentile21st 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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