Apartment 18, Cotton Mill Works The Arches, Colne, BB8 8FB is a leasehold flat The property offers approximately 484 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £66,928 , which equates to approximately £138 per square foot. It was last sold on 26 Jun 2023 for £62,000. Since then, the value has increased by £4,928, representing a 7.9% increase, or approximately 3.2% per year.

The current estimated value of £66,928 is:

  • 13.2% lower than the average property price on The Arches
  • 0.8% higher than the average in the BB8 8FB postcode area
  • and 66.4% lower than the average price for Colne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 August 2010, the property was recorded as owner-occupied.

View sold house prices in BB8 8FB

Building approximate location

About Property

Type
Flat
Built
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£66,928
Price Per sq ft (estimate)
£138
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 18, Cotton Mill Works The Arches, Colne, Pendle, Lancashire, BB8 8FB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Aug 2020.

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 fully double glazed.

The previous EPC assessment was conducted on 27 Aug 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BB8 8FB

10 th / 18
Price Rank
1% higher than average
13 th / 18
Size Rank
4% smaller than average
7 th / 18
Price Per Sq FT Rank
5% higher than average

Compared to other properties in BB8 8FB , this flat's estimated value ranks 10th out of 18. Based on price per square foot, it ranks 7th out of 18 properties. In terms of size, this home ranks 13th out of 18 properties in its postcode area.

Sale History

Today
£66,928
streetscan.co.uk estimate
+8 %
26 Jun 2023
£62,000
Leasehold
+12.7 %
2 Oct 2020
£55,000
Leasehold
-2.2 %
4 May 2012
£56,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £54,000
sale date: 31 Aug 2023
rooms: 3
size: 484 sq ft
sale price: £52,500
sale date: 30 Sep 2022
rooms: 3
size: 506 sq ft
sale price: £52,500
sale date: 28 Sep 2022
rooms: 3
size: 495 sq ft
sale price: £60,000
sale date: 29 Jul 2022
rooms: 3
size: 538 sq ft
sale price: £62,500
sale date: 22 Feb 2022

Data Sources

The property at Apartment 18, Cotton Mill Works The Arches, Colne, BB8 8FB appears three times in the Land Registry records, with the latest transaction recorded on 26 Jun 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Aug 2020. 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.