17, REEDLEY DRIVE, BURNLEY, BB10 2QZ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 REEDLEY DRIVE is a very large extended semi-detached house of 220m², built sometime between 1930 and 1949, which could now be worth an estimated £427,432. It was last sold for £300,000 in February 2018, which was around 158% above the average February 2018 semi-detached price in the Pendle local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

17 REEDLEY DRIVE Sold Prices

Land registry data shows two sales for 17 REEDLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 17 REEDLEY DRIVE 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
2018 23 FEB	£300,000	£116,137	158% above HPI
2002 20 JUN	£155,000	£41,265	276% above HPI

17 REEDLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The two 17 REEDLEY DRIVE sales from June 2002 and February 2018 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 276% above the HPI. So the extrapolation line tracks at 276% above the HPI over time, until the February 2018 sale, where it falls to 158% above the HPI. The line then continues to track at 158% above the HPI.

What might 17 REEDLEY DRIVE be worth now?

17 REEDLEY DRIVE might now be worth an estimated £427,432.

This is based on house price inflation of 42.5%, between February 2018 and February 2025, for semi-detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for 17 REEDLEY DRIVE of £300,000 on 23rd February 2018. For the value to have increased from £300,000 to £427,432 over the seven years to February 2025, the following assumptions must hold true:

• The value of 17 REEDLEY DRIVE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The February 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 17 REEDLEY DRIVE has not materially changed since February 2018.

How Large is 17 REEDLEY DRIVE?

17 REEDLEY DRIVE is 220m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of semi-detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brierfield, and where 17 REEDLEY DRIVE lies on this distribution: 93% of semi-detached houses houses are smaller than 17 REEDLEY DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

17 REEDLEY DRIVE: Plot and Title Map

17 REEDLEY DRIVE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 17 REEDLEY 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 17 REEDLEY 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 17 REEDLEY DRIVE?

17 REEDLEY DRIVE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 17 on REEDLEY DRIVE.