According to the public record, Higher Oakenbank Farm, Colne is a period freehold house with 1,754 ft2 of internal area and sits on a 930 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hollin Hall, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Higher Oakenbank Farm, Colne has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated August 2020.
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 Higher Oakenbank Farm Colne as £407,938 and the rental value as £1,362 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Higher Oakenbank Farm Colne has increased by £7,002 (1.7%) and its rental value has decreased by £28 per month (2.0%).
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 Higher Oakenbank Farm, Colne is in very good condition we estimate a sale value of £428,335 and rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,382 and a rental value of £1,266 per month.
If you were able to purchase this property for the estimated value of £407,938, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,005 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, Higher Oakenbank Farm, Colne sits on a plot of 930m2.
We have plot size data on 9 out of 10 other houses in the postcode and Higher Oakenbank Farm, Colne sits on the 4th largest plot.
According to HM Land Registry, Higher Oakenbank Farm, Colne was last sold on 17 Sep 2021 for £379,960 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Higher Oakenbank Farm, Colne within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Naze End Barn, Hollin Hall, Colne, BB8 8PU, a Freehold house which sold for £519,950 in Dec 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hollin Hall, Trawden, Colne, BB8 has a total of 97 addresses. According to our analysis of all the public data, Higher Oakenbank Farm, Colne is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in BB8.
Higher Oakenbank Farm, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Aug 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Higher Oakenbank Farm, Colne is Colne station which is 4.2 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 Higher Oakenbank Farm, Colne, 48.5% of property is privately owned outright and 38.8% 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 Higher Oakenbank Farm, Colne, 15.2% of residents are recorded as possessing school level qualifications and 41.9% 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 Higher Oakenbank Farm, 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 Higher Oakenbank Farm, Colne, 2.5% 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 Higher Oakenbank Farm, 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.