16, PARKWOOD AVENUE, BURNLEY, BB12 0JB - £179,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PARKWOOD AVENUE is a very large extended detached house of 137m², built sometime between 1991 and 1995. It was last sold for £179,950 in June 2017, which was around 18% above the average June 2017 detached price in the Burnley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

16 PARKWOOD AVENUE Sold Prices

Land registry data shows two sales for 16 PARKWOOD AVENUE 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 16 PARKWOOD AVENUE 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
2017 30 JUN	£179,950	£153,084	18% above HPI
2010 7 JUN	£180,000	£148,337	21% above HPI

16 PARKWOOD AVENUE 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 16 PARKWOOD AVENUE sales from June 2010 and June 2017 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 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 16 PARKWOOD AVENUE be worth now?

16 PARKWOOD AVENUE might now be worth an estimated £270,649.

This is based on house price inflation of 50.4%, between June 2017 and December 2024, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 16 PARKWOOD AVENUE of £179,950 on 30th June 2017. For the value to have increased from £179,950 to £270,649 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 16 PARKWOOD AVENUE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The June 2017 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 16 PARKWOOD AVENUE has not materially changed since June 2017.

How Large is 16 PARKWOOD AVENUE?

16 PARKWOOD AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 16 PARKWOOD AVENUE lies on this distribution: 83% of detached houses houses are smaller than 16 PARKWOOD AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Burnley.

16 PARKWOOD AVENUE: Plot and Title Map

16 PARKWOOD AVENUE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 16 PARKWOOD AVENUE, 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 16 PARKWOOD AVENUE). 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 16 PARKWOOD AVENUE?

16 PARKWOOD AVENUE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 16 on PARKWOOD AVENUE.