Mews Cottage Red Lane

    MEWS COTTAGE, RED LANE, COLNE, BB8 7JW

    This detached freehold property on Red Lane last sold in November 2024 for £398,000. Based on price growth in the BB8 district since then, its estimated current value is £374,452 — placing it in the 63rd percentile nationally and the 93rd percentile within BB8. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,837 per m². The EPC rating is F, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £398,000

    Nov 2024

    Estimated Valuation

    £374,452

    Est. £/sq ft

    £264/sq ft

    £2,837/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area1,421 sq ft (132 m²)
    EPC dateJan 2024
    WallsSandstone or limestone, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    29 Nov 2024

    £398,000

    29 Apr 2016

    £357,500

    1 Dec 2011

    £339,950

    21 Apr 2006

    £295,000

    28 Mar 2002

    £195,000

    Key Metrics

    Estimated valuation£374,452
    Value per sq ft / m²£264/sq ft (£2,837/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile93rd percentile
    National percentile63rd 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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