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

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.

18 REEDFIELD is a large detached house of 151m², built sometime between 1930 and 1949, which could now be worth an estimated £320,781. It was last sold for £188,000 in May 2009, which was around 17% 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	£160,422	17% above HPI
2003 28 NOV	£153,500	£94,021	63% above HPI
1997 31 OCT	£81,950	£67,271	22% above HPI
1996 22 NOV	£82,500	£61,273	35% 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 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2009 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 18 REEDFIELD be worth now?

18 REEDFIELD might now be worth an estimated £320,781.

This is based on house price inflation of 70.6%, between May 2009 and February 2025, for 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 70.6% inflationary increase is applied to the most recent sale price for 18 REEDFIELD of £188,000 on 21st May 2009. For the value to have increased from £188,000 to £320,781 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 18 REEDFIELD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The May 2009 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REEDFIELD has not materially changed since May 2009.

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 houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 18 REEDFIELD lies on this distribution: 80% of detached houses 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.