12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ - £225,000

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

12 VICTORIA LODGE is a very small extended detached house of 72m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2021, which was around 36% below the average June 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

12 VICTORIA LODGE Sold Prices

Land registry data shows five sales for 12 VICTORIA LODGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the five 12 VICTORIA LODGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2021
30 JUN
£225,000£349,518
down arrow
36% below HPI
2016
15 JUL
£182,500£319,452
down arrow
43% below HPI
2006
31 MAR
£166,500£268,914
down arrow
38% below HPI
2005
9 DEC
£164,950£275,711
down arrow
40% below HPI
2000
24 FEB
£67,000£115,750
down arrow
42% below HPI

12 VICTORIA LODGE 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 five 12 VICTORIA LODGE sales between February 2000 and June 2021 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ: Price paid vs HM Land Registry's House Price Index

How Large is 12 VICTORIA LODGE?

12 VICTORIA LODGE is 72m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 12 VICTORIA LODGE lies on this distribution: 3% of detached houses are smaller than 12 VICTORIA LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Read.

12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ: Size of property relative to detached houses in Read

12 VICTORIA LODGE: Plot and Title Map

12 VICTORIA LODGE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 12 VICTORIA LODGE, 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 12 VICTORIA LODGE). 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.

12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ: Plot and title map

Where is 12 VICTORIA LODGE?

12 VICTORIA LODGE is located in READ, in the BB12 postcode district. The below map shows the position of No. 12 on VICTORIA LODGE.

12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ: Location map and indicative extent of plot

All sales of detached houses on VICTORIA LODGE

12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2021
30 JUN
£225,000
12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2016
15 JUL
£182,500
9, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2006
23 JUN
£217,000
12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2006
31 MAR
£166,500
12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2005
9 DEC
£164,950
8, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2000
25 FEB
£71,500
12, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
2000
24 FEB
£67,000
14, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
1997
3 NOV
£66,000
8, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
1997
30 MAY
£69,000
14, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
1996
12 JUL
£69,000
8, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ
1995
27 JUL
£67,950
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.