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

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

11 OAKEN BANK is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £215,000 in October 2022, which was about 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. The three 11 OAKEN BANK sales were a mix of roughly equal to the average price, and 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	£214,087	Close to HPI
2009 19 JAN	£172,000	£147,986	16% above HPI
2001 24 SEP	£83,500	£73,245	14% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 11 OAKEN BANK lies on this distribution: 3% of detached 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.