114, LOW BANK, BURNLEY, BB12 6PP - £177,500

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

114 LOW BANK is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £177,500 in May 2022, which was around 13% below the average May 2022 detached price in the Burnley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

114 LOW BANK Sold Prices

Land registry data shows five sales for 114 LOW BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Most of the five 114 LOW BANK 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
2022 26 MAY	£177,500	£204,670	13% below HPI
2013 16 DEC	£149,000	£122,963	21% above HPI
2011 21 JAN	£136,500	£131,800	4% above HPI
2004 12 MAR	£124,950	£92,540	35% above HPI
2000 7 JUL	£68,250	£67,770	1% above HPI

114 LOW 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 five 114 LOW BANK sales between July 2000 and May 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 December 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 114 LOW BANK?

114 LOW BANK is 70m² according to the EPC inspection conducted in May 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 114 LOW BANK lies on this distribution: 8% of detached houses are smaller than 114 LOW BANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Burnley.

114 LOW BANK: Plot and Title Map

114 LOW BANK sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 114 LOW 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 114 LOW 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 114 LOW BANK?

114 LOW BANK is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 114 on LOW BANK.