195, LOWERHOUSE LANE, BURNLEY, BB12 6LP - £300,000

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

195 LOWERHOUSE LANE is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2023, which was around 50% above the average October 2023 detached price in the Burnley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

195 LOWERHOUSE LANE Sold Prices

Land registry data shows two sales for 195 LOWERHOUSE LANE 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 195 LOWERHOUSE LANE 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
2023 20 OCT	£300,000	£199,380	50% above HPI
2010 10 DEC	£165,000	£134,161	23% above HPI

195 LOWERHOUSE LANE 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 195 LOWERHOUSE LANE sales from December 2010 and October 2023 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 December 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 195 LOWERHOUSE LANE?

195 LOWERHOUSE LANE is 91m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 195 LOWERHOUSE LANE lies on this distribution: 33% of detached houses are smaller than 195 LOWERHOUSE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Burnley.

195 LOWERHOUSE LANE: Plot and Title Map

195 LOWERHOUSE LANE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 195 LOWERHOUSE LANE, 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 195 LOWERHOUSE LANE). 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 195 LOWERHOUSE LANE?

195 LOWERHOUSE LANE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 195 on LOWERHOUSE LANE.