1, WESTGATE, WHALLEY ROAD, READ, BURNLEY, BB12 7PN - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WESTGATE is a large detached house of 146m², built sometime between 1983 and 1990. It was last sold for £300,000 in April 2022, which was around 18% below the average April 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

1 WESTGATE Sold Prices

Land registry data shows two sales for 1 WESTGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 1 WESTGATE sales were for below 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 8 APR	£300,000	£367,120	18% below HPI
2001 31 AUG	£125,000	£143,710	13% below HPI

1 WESTGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 1 WESTGATE sales from August 2001 and April 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 August 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 WESTGATE?

1 WESTGATE is 146m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 1 WESTGATE lies on this distribution: 67% of detached houses are smaller than 1 WESTGATE, and 32% of houses are larger. Note that EPC data is not available for all properties in Read.

1 WESTGATE: Plot and Title Map

1 WESTGATE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 1 WESTGATE, 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 WESTGATE). 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 WESTGATE?

1 WESTGATE is located on WHALLEY ROAD in READ, in the BB12 postcode district. The below map shows the position of 1 WESTGATE on WHALLEY ROAD.