28 Spring Lane

    28, SPRING LANE, COLNE, BB8 9BD

    This terraced freehold property on Spring Lane last sold in September 2022 for £87,000. Based on price growth in the BB8 district since then, its estimated current value is £93,660 — placing it in the 3rd percentile nationally and the 17th percentile within BB8. The property covers 50 m² (538 sq ft), giving an estimated value of £1,873 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £87,000

    Sept 2022

    Estimated Valuation

    £93,660

    Est. £/sq ft

    £174/sq ft

    £1,873/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area538 sq ft (50 m²)
    EPC dateFeb 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Sept 2022

    £87,000

    23 Jul 2021

    £81,500

    8 Dec 2017

    £76,000

    7 Aug 2015

    £74,950

    20 Dec 2013

    £67,000

    19 Oct 2007

    £58,000

    22 Aug 2002

    £22,500

    Key Metrics

    Estimated valuation£93,660
    Value per sq ft / m²£174/sq ft (£1,873/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile17th 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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