According to the public record, Great Hey Lodge, Colne is a mid-century house with 721 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Hill Top, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Great Hey Lodge, Colne has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
We combine this information with public data 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 Great Hey Lodge Colne as £358,903 and the rental value as £1,436 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Great Hey Lodge Colne has increased by £12,589 (3.5%) and its rental value has decreased by £6 per month (0.4%).
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 Great Hey Lodge, Colne is in very good condition we estimate a sale value of £376,849 and rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,780 and a rental value of £1,336 per month.
If you were able to purchase this property for the estimated value of £358,903, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,764 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Great Hey Lodge, Colne within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 1 The Cottage, Tower Farm, Gisburn Road, Nelson, BB9 6NF, a Freehold house which sold for £172,500 in Aug 2019.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill Top, Foulridge, Colne, BB8 has a total of 23 addresses. According to our analysis of all the public data, Great Hey Lodge, Colne is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in BB8.
Great Hey Lodge, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler & underfloor, LPG.
The closest station to Great Hey Lodge, Colne is Colne station which is 3.2 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 Great Hey Lodge, Colne, 53.9% of property is privately owned outright and 35.0% 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 Great Hey Lodge, Colne, 12.2% of residents are recorded as possessing school level qualifications and 32.5% 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 Great Hey Lodge, 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 Great Hey Lodge, Colne, 0.9% 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 Great Hey Lodge, Colne, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.