16, RAVENS GROVE, BURNLEY, BB10 2RD - £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

16 RAVENS GROVE is a very small extended detached house of 60m², built sometime between 1976 and 1982. It was last sold for £225,000 in November 2022, which was around 15% below the average November 2022 detached price in the Pendle local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

16 RAVENS GROVE Sold Prices

Land registry data shows two sales for 16 RAVENS GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 16 RAVENS GROVE 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
2022 24 NOV	£225,000	£265,521	15% below HPI
2014 14 MAR	£115,000	£157,004	27% below HPI

16 RAVENS GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 16 RAVENS GROVE sales from March 2014 and November 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 March 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 RAVENS GROVE?

16 RAVENS GROVE is 60m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 16 RAVENS GROVE lies on this distribution: 2% of detached houses are smaller than 16 RAVENS GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

16 RAVENS GROVE: Plot and Title Map

16 RAVENS GROVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 16 RAVENS GROVE, 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 RAVENS GROVE). 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 RAVENS GROVE?

16 RAVENS GROVE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 16 on RAVENS GROVE.