2, FOUNTAINS AVENUE, SIMONSTONE, BURNLEY, BB12 7PY - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FOUNTAINS AVENUE is a midsized extended detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £385,462. It was last sold for £380,000 in August 2023, which was around 10% below the average August 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

2 FOUNTAINS AVENUE Sold Prices

Land registry data shows two sales for 2 FOUNTAINS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 2 FOUNTAINS AVENUE 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
2023 9 AUG	£380,000	£422,064	10% below HPI
2011 17 JUN	£215,000	£312,681	31% below HPI

2 FOUNTAINS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 2 FOUNTAINS AVENUE sales from June 2011 and August 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 June 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 FOUNTAINS AVENUE be worth now?

2 FOUNTAINS AVENUE might now be worth an estimated £385,462.

This is based on house price inflation of 1.4%, between August 2023 and December 2024, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 2 FOUNTAINS AVENUE of £380,000 on 9th August 2023. For the value to have increased from £380,000 to £385,462 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 FOUNTAINS AVENUE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The August 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOUNTAINS AVENUE has not materially changed since August 2023.

How Large is 2 FOUNTAINS AVENUE?

2 FOUNTAINS AVENUE is 126m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses houses in Read, based on EPC data. The below chart shows the distribution of detached houses houses by size in Read, and where 2 FOUNTAINS AVENUE lies on this distribution: 45% of detached houses houses are smaller than 2 FOUNTAINS AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Read.

2 FOUNTAINS AVENUE: Plot and Title Map

2 FOUNTAINS AVENUE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 2 FOUNTAINS AVENUE, 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 2 FOUNTAINS AVENUE). 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 2 FOUNTAINS AVENUE?

2 FOUNTAINS AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 2 on FOUNTAINS AVENUE.