Detached
5
2992 sq ft
59%
PROPERTY VALUATION
£461,000
+£171,000 (59%)
Since last sold: September 2011
VALUATION RANGE
£440k - £482k
LOW | HIGH
Confidence: Medium
Update Property Condition
Property summary Last updated: 05/03/2024
Last updated: 05/03/2024
2 School Lane, Earby is a 5 bedroom freehold detached house spread over 2,992 square feet, making it one of the largest properties here - it is ranked as the most expensive property* in BB18 6QF, with a valuation of £461,000.
Since it last sold in September 2011 for £290,000, its value has increased by £171,000.
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SOLD PROPERTY PRICES - BB18 6QF
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2 School Lane is significantly bigger than the average property in this postcode.
Essential buying details
- We expect the property to sell for between £440k and £482k if no refurbishment work has been carried out.
- This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.
- 15 detached houses have sold at an average price of £295,896 over the last 12 months (in the area coverring BB18 6).
59%
This property has increased in price by 59% since it last sold 12 years ago
127%
This property is 127% more expensive than average in School Lane, BB18 6QF
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Sale history
The most paid for a property in School Lane, BB18 6QF was £290,000 in 2011.
| Date | Price | Change |
|---|---|---|
| Today's value* | £461,000 | 59.0% |
| 09 Sep 2011 | £290,000 | - |
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2 School Lane, Barnoldswick is a 5 bedroom detached house with 2,992 square feet of internal space.
Valuation details
The most likely sale price is £461,000 but at the lower end we think it should fetch a minimum of £440,000.
On a cost per square foot basis, this property is valued at 3% more than the other houses in this postcode.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £530,000.
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This property has increased in price by £171,000 since it last sold in 2011 - this equates to a 3.8% rise each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
What condition is the property in?
- At a sale price of £461k, we expect this property to be in a similar condition to the neighbouring properties.
- At this valuation it has a cost per square foot of £154, which is comparable with the average for properties here.
- The average cost per square foot for property here is £149.
Cost per square foot valuation
- If we valued this property using the average cost per square foot (CPSF) - it would be worth £446k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
- Note: Properties that are in a better condition will sell for more money per square foot.
What does it cost to live here?
Prices start at:
£146k
Average house price:
£203k
Most expensive:
£461k
- Property details
- Local market
- Regional prices
Property details
- Most likely sale price: £461,000
- Offers likely to be accepted between £440,000 and £482,000.
- Cost per squre foot: £154 (at a valuation of £461,000).
- 5 bedroom freehold detached house
- 2,992 square feet
- Property energy rating: 56
- Which is similar to the average for this postcode.
- A score of 100 is the best energy rating a property can be given.
- Compare this to other properties in BB18 6QF
The local market - BB18 6QF
- The average property price for this postcode is £203,000
- Prices here range from £146,000 to £461,000.
- Expect to pay £126 to £171 per square foot for property in BB18 6QF.
- 9 properties have sold in BB18 6QF over the last 5 years.
- The latest sale in BB18 6QF went for £185k on 03 Nov 2023.
- School Lane has 3 postcodes associated with it.
- The average price of property in School Lane is £203,304
- Property in School Lane typically sells for between £128 and £174 per square foot.
- Properties in School Lane are currently valued at an average cost per square foot of £151.
The property market across BB18 6
- The average price paid for a detached house in the area BB18 6 over the past year is £296k.
- Detached houses have been selling for £259 per square foot across BB18 6.
- 15 detached houses have sold over the last 12 months (in the area coverring BB18 6).
What does it cost to live in this area?
The local area
Recent sales in the surrounding roads
Searching for recent sales near here
What are some of the other properties worth?
The cheapest property here in BB18 6QF is valued at £146k.
At the top end, the most expensive property is worth £461k - this postcode has an average valuation of £203k.
| Property | Valuation | ||
|---|---|---|---|
| 3 School Lane, Earby 1163 sq.ft. | £146,000(+12% since 2021) | ||
| 15 School Lane, Earby 1141 sq.ft. | £186,000(+1% since 2023) | ||
 | 18 School Lane, Earby 4 bed | 1399 sq. ft. | £196,000(+15% since 2021) | |
 | 12 School Lane, Earby 4 bed | 1324 sq. ft. | £196,000(+25% since 2020) | |
| 8 School Lane, Earby 1432 sq.ft. | £198,000(+5% since 2022) | ||
 | 6 School Lane, Earby 4 bed | 1399 sq. ft. | £198,000(+28% since 2020) | |
 | 14 School Lane, Earby 4 bed | 1115 sq. ft. | £217,000(+45% since 2020) | |
 | 24 School Lane, Earby 5 bed | 2056 sq. ft. | £276,000(+15% since 2020) |
Valuation accuracy
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