11, OAKEN BANK, BURNLEY, BB10 2EY - £215,000

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.

11 OAKEN BANK is a very small detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £223,473. It was last sold for £215,000 in October 2022, which was around 2% below the average October 2022 detached price in the Burnley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 OAKEN BANK Sold Prices

Land registry data shows three sales for 11 OAKEN BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. One of the three 11 OAKEN BANK sales was for below the average price, whilst two 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 28 OCT	£215,000	£220,463	2% below HPI
2009 19 JAN	£172,000	£152,394	13% above HPI
2001 24 SEP	£83,500	£75,427	11% above HPI

11 OAKEN BANK 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 three 11 OAKEN BANK sales between September 2001 and October 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 January 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 11 OAKEN BANK be worth now?

11 OAKEN BANK might now be worth an estimated £223,473.

This is based on house price inflation of 3.9%, between October 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 3.9% inflationary increase is applied to the most recent sale price for 11 OAKEN BANK of £215,000 on 28th October 2022. For the value to have increased from £215,000 to £223,473 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 OAKEN BANK has moved in line with the HPI for detached houses in the Burnley local authority area.
• The October 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKEN BANK has not materially changed since October 2022.

How Large is 11 OAKEN BANK?

11 OAKEN BANK is 63m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 11 OAKEN BANK lies on this distribution: 3% of detached houses houses are smaller than 11 OAKEN BANK, and 96% of houses are larger. Note that EPC data is not available for all properties in Burnley.

11 OAKEN BANK: Plot and Title Map

11 OAKEN BANK sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 11 OAKEN BANK, 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 11 OAKEN BANK). 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 11 OAKEN BANK?

11 OAKEN BANK is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 11 on OAKEN BANK.