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According to the public record, 17, School Lane, Colne is a period freehold house with 452 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, School Lane, Colne is £171,526 and the estimated rental value is £753 per month.
School Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
17, School Lane, Colne has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, School Lane, Colne is in very good condition we estimate a sale value of £180,102 and a rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,519 and a rental value of £700 per month.
Over the last 12 months the sale value of 17 School Lane Colne has increased by an estimated £5,126 (3.0%) and its rental value has increased by an estimated £25 per month (3.3%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 17, School Lane, Colne sits on a plot of 118m2.
We have plot size data on 16 out of 18 other houses in the postcode and 17, School Lane, Colne sits on the 9th largest plot.
17, School Lane, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, School Lane, Colne was last sold on 8th March 2022 for £160,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has dropped 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, School Lane, Colne within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 5, Kingsley Road, Colne, BB8 7HP, a leasehold house which sold for £132,500 on the 30th July 2021.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Colne, BB8 has a total of 19 addresses. According to our analysis of all the public data, 17, School Lane, Colne is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in BB8.
The closest station to 17, School Lane, Colne is Colne station which is 4.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, School Lane, Colne, 40.4% of property is privately owned outright and 32.9% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, School Lane, Colne, 15.9% of residents are recorded as possessing school level qualifications and 36.8% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, School Lane, Colne, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, School Lane, Colne, 2.1% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, School Lane, Colne, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.