118 Knotts Lane, Colne, BB8 8AE is a leasehold terraced property built before 1900. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £55,220 , which equates to approximately £60 per square foot. It was last sold on 8 Mar 2023 for £50,000. Since then, the value has increased by £5,220, representing a 10.4% increase, or approximately 3.8% per year.

The current estimated value of £55,220 is:

  • 50.2% lower than the average property price on Knotts Lane
  • 37.2% lower than the average in the BB8 8AE postcode area
  • and 72.2% lower than the average price for Colne as a whole

View sold house prices in BB8 8AE

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
915 sq ft
Tenure
Leasehold
Price (estimate)
£55,220
Price Per sq ft (estimate)
£60
Bedroom Count (estimate)
3 bedrooms

EPC Summary

118 Knotts Lane, Colne, Pendle, Lancashire, BB8 8AE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Sep 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to BB8 8AE

19 th / 21
Price Rank
37% lower than average
12 th / 15
Size Rank
15% smaller than average
13 th / 15
Price Per Sq FT Rank
26% lower than average

Compared to other properties in BB8 8AE , this house's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 13th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 15 properties in its postcode area.

Sale History

Today
£55,220
streetscan.co.uk estimate
+10 %
8 Mar 2023
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 980 sq ft
sale price: £40,000
sale date: 30 Sep 2014
rooms: 4
size: 840 sq ft
sale price: £65,000
sale date: 28 Jun 2013
rooms: 4
size: 904 sq ft
sale price: £70,000
sale date: 18 Jul 2005
rooms: 4
size: 1012 sq ft
sale price: £10,000
sale date: 7 Jan 2003

Data Sources

The property at 118 Knotts Lane, Colne, Pendle, Lancashire, BB8 8AE appears once in the Land Registry records, with the transaction recorded on 8 Mar 2023. It also has a single Energy Performance Certificate (EPC) from 16 Sep 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.