Yep looks like you are on the way towards fibre.
Ive found the Elgin website very useful looking out for whats going on with the FTTC installation around my town.
You may notice the cabinet is installed and then in a few months BT are likely to be digging up the road in various places around your town, unblocking ducts to get the fibres in.
Freeserve Dial-Up --> BTopenworld
-->Talk Talk LLU --> ZeN
DrayTek 2850 VN