1, LORTON CLOSE, BURNLEY, BB12 8UW - £396,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LORTON CLOSE is a large detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £410,123. It was last sold for £396,000 in July 2022, which was around 79% above the average July 2022 detached price in the Burnley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

1 LORTON CLOSE Sold Prices

Land registry data shows two sales for 1 LORTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Both of the two 1 LORTON CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 JUL	£396,000	£221,260	79% above HPI
2019 26 JUL	£305,000	£162,084	88% above HPI

1 LORTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The two 1 LORTON CLOSE sales from July 2019 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2019 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the July 2022 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 1 LORTON CLOSE be worth now?

1 LORTON CLOSE might now be worth an estimated £410,123.

This is based on house price inflation of 3.6%, between July 2022 and February 2025, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% inflationary increase is applied to the most recent sale price for 1 LORTON CLOSE of £396,000 on 15th July 2022. For the value to have increased from £396,000 to £410,123 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 LORTON CLOSE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The July 2022 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LORTON CLOSE has not materially changed since July 2022.

How Large is 1 LORTON CLOSE?

1 LORTON CLOSE is 130m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 1 LORTON CLOSE lies on this distribution: 78% of detached houses houses are smaller than 1 LORTON CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Burnley.

1 LORTON CLOSE: Plot and Title Map

1 LORTON CLOSE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 1 LORTON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LORTON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LORTON CLOSE?

1 LORTON CLOSE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 1 on LORTON CLOSE.