Lakeside Red Lane, Colne, BB8 7JR is a freehold detached property built between 1900-1929. The property offers approximately 1,249 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £641,289 , which equates to approximately £514 per square foot. It was last sold on 5 Mar 2019 for £435,000. Since then, the value has increased by £206,289, representing a 47.4% increase, or approximately 7.0% per year.

The current estimated value of £641,289 is:

  • 22.8% higher than the average property price on Red Lane
  • 3.3% lower than the average in the BB8 7JR postcode area
  • and 222.4% higher 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 14 November 2018, the property was recorded as owner-occupied.

View sold house prices in BB8 7JR

Building approximate location

About Property

Type
Detached Bungalow
Built
1900-1929
Interior Size
1249 sq ft
Tenure
Freehold
Price (estimate)
£641,289
Price Per sq ft (estimate)
£514
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Lakeside Red Lane, Colne, Pendle, Lancashire, BB8 7JR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Nov 2018.

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 4 May 2011. The rating of D remains the same, but the energy efficiency score improved by 17.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 56% of fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to BB8 7JR

11 th / 17
Price Rank
3% lower than average
10 th / 11
Size Rank
41% smaller than average
2 nd / 11
Price Per Sq FT Rank
63% higher than average

Compared to other properties in BB8 7JR , this bungalow's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 11 properties in its postcode area.

Sale History

Today
£641,289
streetscan.co.uk estimate
+47 %
5 Mar 2019
£435,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1259 sq ft
sale price: £91,250
sale date: 4 Apr 2025
rooms: 4
size: 1098 sq ft
sale price: £220,000
sale date: 28 Jan 2019
rooms: 6
size: 1421 sq ft
sale price: £357,500
sale date: 29 Apr 2016
rooms: 4
size: 1141 sq ft
sale price: £218,000
sale date: 26 Oct 2015

Data Sources

The property at Lakeside Red Lane, Colne, Pendle, Lancashire, BB8 7JR appears once in the Land Registry records, with the transaction recorded on 5 Mar 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2018. 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.