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 ROWLEY LANE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £260,000 in July 2020, which was around 54% above the average July 2020 detached price in the Burnley local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 ROWLEY LANE since 1st 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 ROWLEY 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 |
---|---|---|---|
2020 3 JUL | £260,000 | £168,506 | 54% above HPI |
2003 3 DEC | £157,000 | £87,270 | 80% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The two 2 ROWLEY LANE sales from December 2003 and July 2020 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 December 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.
2 ROWLEY LANE is 98m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 ROWLEY LANE lies on this distribution: 40% of detached houses are smaller than 2 ROWLEY LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Burnley.
2 ROWLEY LANE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 ROWLEY 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 ROWLEY 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.
2 ROWLEY LANE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 2 on ROWLEY LANE.