124, WELLFIELD DRIVE, BURNLEY, BB12 0JD - £129,000

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

124 WELLFIELD DRIVE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £129,000 in August 2016, which was around 10% below the average August 2016 detached price in the Burnley local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

124 WELLFIELD DRIVE Sold Prices

Land registry data shows three sales for 124 WELLFIELD DRIVE 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. All of the three 124 WELLFIELD DRIVE sales were for below 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
2016 19 AUG	£129,000	£143,698	10% below HPI
2004 26 NOV	£90,000	£112,556	20% below HPI
2003 7 OCT	£77,000	£88,712	13% below HPI

124 WELLFIELD DRIVE 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 124 WELLFIELD DRIVE sales between October 2003 and August 2016 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 November 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 124 WELLFIELD DRIVE?

124 WELLFIELD DRIVE is 59m² according to the EPC inspection conducted in May 2024. 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 124 WELLFIELD DRIVE lies on this distribution: 2% of detached houses are smaller than 124 WELLFIELD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Burnley.

124 WELLFIELD DRIVE: Plot and Title Map

124 WELLFIELD DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 124 WELLFIELD DRIVE, 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 124 WELLFIELD DRIVE). 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 124 WELLFIELD DRIVE?

124 WELLFIELD DRIVE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 124 on WELLFIELD DRIVE.