According to the public record, 5, Winewall Lane, Colne is a period freehold house with 742 ft2 of internal area and sits on a 159 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Winewall Lane, Winewall, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Winewall Lane, Colne has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Winewall Lane Colne as £147,539 and the rental value as £691 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5 Winewall Lane Colne has increased by £7,177 (4.9%) and its rental value has increased by £6 per month (0.9%).
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 5, Winewall Lane, Colne is in very good condition we estimate a sale value of £154,916 and rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,211 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £147,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £725 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, Winewall Lane, Colne sits on a plot of 159m2.
We have plot size data on 11 out of 16 other houses in the postcode and 5, Winewall Lane, Colne sits on the 2nd largest plot.
According to HM Land Registry, 5, Winewall Lane, Colne was last sold on 14 May 2021 for £128,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Winewall Lane, Colne within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 9, Winewall Lane, Colne, BB8 8BX, a Freehold house which sold for £133,000 in May 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Winewall Lane, Winewall, Colne, BB8 has a total of 19 addresses. According to our analysis of all the public data, 5, Winewall Lane, Colne is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in BB8.
5, Winewall Lane, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Winewall Lane, Colne is Colne station which is 2.8 kilometres away.
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 5, Winewall Lane, Colne, 37.4% of property is privately owned outright and 35.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 5, Winewall Lane, Colne, 16.1% of residents are recorded as possessing school level qualifications and 36.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Winewall 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 5, Winewall Lane, Colne, 2.7% 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 5, Winewall Lane, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.