18, REEDFIELD, BURNLEY, BB10 2NJ - £188,000

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

18 REEDFIELD is a large detached house of 151m², built sometime between 1930 and 1949. It was last sold for £188,000 in May 2009, which was around 22% above the average May 2009 detached price in the Pendle local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

18 REEDFIELD Sold Prices

Land registry data shows four sales for 18 REEDFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four 18 REEDFIELD 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
2009 21 MAY	£188,000	£154,622	22% above HPI
2003 28 NOV	£153,500	£90,621	69% above HPI
1997 31 OCT	£81,950	£64,838	26% above HPI
1996 22 NOV	£82,500	£59,058	40% above HPI

18 REEDFIELD 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 four 18 REEDFIELD sales between November 1996 and May 2009 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2009 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 18 REEDFIELD?

18 REEDFIELD is 151m² according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 18 REEDFIELD lies on this distribution: 80% of detached houses are smaller than 18 REEDFIELD, and 19% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

18 REEDFIELD: Plot and Title Map

18 REEDFIELD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 18 REEDFIELD, 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 18 REEDFIELD). 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 18 REEDFIELD?

18 REEDFIELD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 18 on REEDFIELD.