According to the public record, 8, Lanehouse, Colne is a period leasehold house with 1,108 ft2 of internal area and sits on a 1,345 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lanehouse, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
8, Lanehouse, Colne has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated July 2018.
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 8 Lanehouse Colne as £214,864 and the rental value as £773 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Lanehouse Colne has increased by £5,000 (2.3%) and its rental value has decreased by £11 per month (1.5%).
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 8, Lanehouse, Colne is in very good condition we estimate a sale value of £225,607 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,824 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £214,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,056 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, 8, Lanehouse, Colne sits on a plot of 1345m2.
We have plot size data on 25 out of 38 other houses in the postcode and 8, Lanehouse, Colne sits on the 2nd largest plot.
According to HM Land Registry, 8, Lanehouse, Colne was last sold on 15 Dec 2022 for £225,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lanehouse, Colne within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 36, Lanehouse, Colne, BB8 8SW, a Freehold house which sold for £125,000 in Aug 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lanehouse, Trawden, Colne, BB8 has a total of 81 addresses. According to our analysis of all the public data, 8, Lanehouse, Colne is the 28th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in BB8.
8, Lanehouse, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2018.
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 8, Lanehouse, Colne is Colne station which is 3.4 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 8, Lanehouse, Colne, 46.1% of property is privately owned with a mortgage and 38.2% is privately owned outright.
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 8, Lanehouse, Colne, 13.1% of residents are recorded as possessing school level qualifications and 34.7% 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 8, Lanehouse, 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 8, Lanehouse, Colne, 0.3% 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 8, Lanehouse, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.