2, HEREFORD AVENUE, BURNLEY, BB12 6DA - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 HEREFORD AVENUE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £185,000 in June 2021, which was around 3% below the average June 2021 detached price in the Burnley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 HEREFORD AVENUE Sold Prices

Land registry data shows two sales for 2 HEREFORD 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 Burnley local authority area for the corresponding sale date. Both of the two 2 HEREFORD 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
2021 25 JUN	£185,000	£190,427	3% below HPI
1998 5 NOV	£45,000	£66,009	32% below HPI

2 HEREFORD AVENUE 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 2 HEREFORD AVENUE sales from November 1998 and June 2021 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 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 HEREFORD AVENUE?

2 HEREFORD AVENUE is 74m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 2 HEREFORD AVENUE lies on this distribution: 12% of detached houses are smaller than 2 HEREFORD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Burnley.

2 HEREFORD AVENUE: Plot and Title Map

2 HEREFORD AVENUE sits on a plot of roughly 2.4 acres, or 9,647m². The below map shows the location of 2 HEREFORD 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 HEREFORD 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 HEREFORD AVENUE?

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