9 Spring Lane

    9, SPRING LANE, COLNE, BB8 9BD

    This terraced leasehold property on Spring Lane last sold in March 2016 for £62,500. Based on price growth in the BB8 district since then, its estimated current value is £91,568 — placing it in the 3rd percentile nationally and the 16th percentile within BB8. The property covers 118 m² (1,270 sq ft), giving an estimated value of £776 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £62,500

    Mar 2016

    Estimated Valuation

    £91,568

    Est. £/sq ft

    £72/sq ft

    £776/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateJun 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Mar 2016

    £62,500

    Key Metrics

    Estimated valuation£91,568
    Value per sq ft / m²£72/sq ft (£776/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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