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 LOW BANK is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £217,000 in July 2022, which was around 1% above the average July 2022 detached price in the Burnley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 LOW BANK since 1st 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 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 15 JUL | £217,000 | £214,860 | 1% above HPI |
1999 29 NOV | £74,000 | £68,386 | 8% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The two 15 LOW BANK sales from November 1999 and July 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 November 1999 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
15 LOW BANK is 96m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% 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 LOW BANK lies on this distribution: 38% of detached houses are smaller than 15 LOW BANK, and 61% of houses are larger. Note that EPC data is not available for all properties in Burnley.
15 LOW BANK sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 15 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 15 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.
15 LOW BANK is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 15 on LOW BANK.