2, LORTON CLOSE, BURNLEY, BB12 8UW - £389,950

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 LORTON CLOSE is a very large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £389,950 in March 2022, which was around 91% above the average March 2022 detached price in the Burnley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

2 LORTON CLOSE Sold Prices

Land registry data shows three sales for 2 LORTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the three 2 LORTON CLOSE 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
2022 30 MAR	£389,950	£203,785	91% above HPI
2008 2 JAN	£249,950	£161,089	55% above HPI
2003 19 DEC	£175,000	£87,270	101% above HPI

2 LORTON CLOSE 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 three 2 LORTON CLOSE sales between December 2003 and March 2022 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 January 2008 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2022 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 2 LORTON CLOSE?

2 LORTON CLOSE is 132m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 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 LORTON CLOSE lies on this distribution: 80% of detached houses are smaller than 2 LORTON CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Burnley.

2 LORTON CLOSE: Plot and Title Map

2 LORTON CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 2 LORTON CLOSE, 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 LORTON CLOSE). 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 LORTON CLOSE?

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