2, OLDE BACK LANE, BURNLEY, BB11 5BH - £243,000

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 OLDE BACK LANE is a very large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £243,000 in January 2016, which was around 82% above the average January 2016 detached price in the Burnley local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

2 OLDE BACK LANE Sold Prices

Land registry data shows two sales for 2 OLDE BACK 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 2 OLDE BACK 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
2016 28 JAN	£243,000	£133,683	82% above HPI
2007 26 JAN	£249,000	£154,654	61% above HPI

2 OLDE BACK 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 2 OLDE BACK LANE sales from January 2007 and January 2016 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 2007 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2016 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 2 OLDE BACK LANE?

2 OLDE BACK LANE is 132m² according to the EPC inspection conducted in December 2013. 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 OLDE BACK LANE lies on this distribution: 80% of detached houses are smaller than 2 OLDE BACK LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Burnley.

2 OLDE BACK LANE: Plot and Title Map

2 OLDE BACK LANE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 2 OLDE BACK 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 2 OLDE BACK 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 2 OLDE BACK LANE?

2 OLDE BACK LANE is located in BURNLEY, in the BB11 postcode district. The below map shows the position of No. 2 on OLDE BACK LANE.