11, REEDFIELD, BURNLEY, BB10 2NJ - £226,000

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 REEDFIELD is a large detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £317,188. It was last sold for £226,000 in July 2008, which was around 16% above the average July 2008 detached price in the Pendle local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

11 REEDFIELD Sold Prices

Land registry data shows four sales for 11 REEDFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Most of the four 11 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
2008 11 JUL	£226,000	£195,032	16% above HPI
2006 21 JUL	£190,000	£163,539	16% above HPI
1997 23 DEC	£84,950	£65,774	29% above HPI
1997 7 NOV	£46,950	£68,024	31% below HPI

11 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 four 11 REEDFIELD sales between November 1997 and July 2008 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2008 sale, which was also at 16% above the HPI.

What might 11 REEDFIELD be worth now?

11 REEDFIELD might now be worth an estimated £317,188.

This is based on house price inflation of 40.3%, between July 2008 and February 2025, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.3% inflationary increase is applied to the most recent sale price for 11 REEDFIELD of £226,000 on 11th July 2008. For the value to have increased from £226,000 to £317,188 over the seventeen years and five months to February 2025, the following assumptions must hold true:

• The value of 11 REEDFIELD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The July 2008 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 11 REEDFIELD has not materially changed since July 2008.

How Large is 11 REEDFIELD?

11 REEDFIELD is 128m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 11 REEDFIELD lies on this distribution: 64% of detached houses houses are smaller than 11 REEDFIELD, and 36% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

11 REEDFIELD: Plot and Title Map

11 REEDFIELD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 11 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 11 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 11 REEDFIELD?

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