2, THE OLD VICARAGE, WHINS LANE, READ, BURNLEY, BB12 7RB - £585,000

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 THE OLD VICARAGE is a very large extended semi-detached house of 234m², built sometime before 1900. It was last sold for £585,000 in November 2023, which was around 48% above the average November 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

2 THE OLD VICARAGE Sold Prices

Land registry data shows three sales for 2 THE OLD VICARAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 2 THE OLD VICARAGE 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
2023 15 NOV	£585,000	£395,953	48% above HPI
2012 6 JUL	£465,000	£278,598	67% above HPI
2001 7 NOV	£235,000	£146,146	61% above HPI

2 THE OLD VICARAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 2 THE OLD VICARAGE sales between November 2001 and November 2023 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 July 2012 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2023 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 THE OLD VICARAGE?

2 THE OLD VICARAGE is 234m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 2 THE OLD VICARAGE lies on this distribution: 96% of detached houses are smaller than 2 THE OLD VICARAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Read.

2 THE OLD VICARAGE: Plot and Title Map

2 THE OLD VICARAGE sits on a plot of roughly 0.359 of an acre, or 1,454m². The below map shows the location of 2 THE OLD VICARAGE, 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 THE OLD VICARAGE). 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 THE OLD VICARAGE?

2 THE OLD VICARAGE is located on WHINS LANE in READ, in the BB12 postcode district. The below map shows the position of 2 THE OLD VICARAGE on WHINS LANE.