2, REEDFIELD, BURNLEY, BB10 2NJ - £204,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 REEDFIELD is a midsized detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £304,705. It was last sold for £204,500 in June 2007, which was around 11% above the average June 2007 detached price in the Pendle local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

2 REEDFIELD Sold Prices

Land registry data shows two sales for 2 REEDFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 2 REEDFIELD 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
2007 4 JUN	£204,500	£183,708	11% above HPI
2002 8 FEB	£97,250	£71,860	35% above HPI

2 REEDFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 2 REEDFIELD sales from February 2002 and June 2007 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 February 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2007 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 REEDFIELD be worth now?

2 REEDFIELD might now be worth an estimated £304,705.

This is based on house price inflation of 49%, between June 2007 and February 2025, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49% inflationary increase is applied to the most recent sale price for 2 REEDFIELD of £204,500 on 4th June 2007. For the value to have increased from £204,500 to £304,705 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 REEDFIELD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The June 2007 sale price of £204,500 represented a fair market value for the property.
• The size, condition, and specification of 2 REEDFIELD has not materially changed since June 2007.

How Large is 2 REEDFIELD?

2 REEDFIELD is 123m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 2 REEDFIELD lies on this distribution: 57% of detached houses houses are smaller than 2 REEDFIELD, and 41% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

2 REEDFIELD: Plot and Title Map

2 REEDFIELD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 REEDFIELD, 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 REEDFIELD). 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 REEDFIELD?

2 REEDFIELD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 2 on REEDFIELD.