15, LAKELAND WAY, BURNLEY, BB12 8AP - £190,000

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

15 LAKELAND WAY is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2014, which was around 41% above the average September 2014 detached price in the Burnley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

15 LAKELAND WAY Sold Prices

Land registry data shows two sales for 15 LAKELAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Both of the two 15 LAKELAND WAY 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
2014 5 SEP	£190,000	£134,924	41% above HPI
2002 19 JUN	£94,000	£73,562	28% above HPI

15 LAKELAND WAY 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 two 15 LAKELAND WAY sales from June 2002 and September 2014 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 June 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 15 LAKELAND WAY?

15 LAKELAND WAY is 78m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 15 LAKELAND WAY lies on this distribution: 16% of detached houses are smaller than 15 LAKELAND WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Burnley.

15 LAKELAND WAY: Plot and Title Map

15 LAKELAND WAY sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 15 LAKELAND WAY, 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 15 LAKELAND WAY). 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 15 LAKELAND WAY?

15 LAKELAND WAY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 15 on LAKELAND WAY.