1, REEDFIELD, BURNLEY, BB10 2NJ - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 REEDFIELD is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £325,000 in July 2024, which was around 36% above the average July 2024 detached price in the Pendle local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

1 REEDFIELD Sold Prices

Land registry data shows three sales for 1 REEDFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three 1 REEDFIELD 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
2024 12 JUL	£325,000	£238,312	36% above HPI
2008 18 JAN	£220,000	£178,507	23% above HPI
2006 14 MAR	£180,000	£139,990	29% above HPI

1 REEDFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The three 1 REEDFIELD sales between March 2006 and July 2024 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 January 2008 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 1 REEDFIELD?

1 REEDFIELD is 121m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 1 REEDFIELD lies on this distribution: 55% of detached houses are smaller than 1 REEDFIELD, and 43% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

1 REEDFIELD: Plot and Title Map

1 REEDFIELD sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 1 REEDFIELD, 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 REEDFIELD). 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 REEDFIELD?

1 REEDFIELD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 1 on REEDFIELD.