Norcroft Red Lane

    NORCROFT, RED LANE, COLNE, BB8 7JR

    This detached freehold property on Red Lane last sold in April 2022 for £750,000. Based on price growth in the BB8 district since then, its estimated current value is £758,495 — placing it in the 92nd percentile nationally and the 100th percentile within BB8. The property covers 230 m² (2,476 sq ft), giving an estimated value of £3,298 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,476 sq ft

    230 m²

    Last Sale Price

    £750,000

    Apr 2022

    Estimated Valuation

    £758,495

    Est. £/sq ft

    £306/sq ft

    £3,298/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area2,476 sq ft (230 m²)
    EPC dateNov 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Apr 2022

    £750,000

    3 Mar 2011

    £375,000

    Key Metrics

    Estimated valuation£758,495
    Value per sq ft / m²£306/sq ft (£3,298/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile100th percentile
    National percentile92nd 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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