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 TORVER CLOSE is a very large detached house of 141m², built sometime between 1991 and 1995. It was last sold for £400,000 in July 2022, which was around 86% above the average July 2022 detached price in the Burnley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 TORVER CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the four 2 TORVER 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 29 JUL | £400,000 | £214,860 | 86% above HPI |
2018 18 MAY | £290,000 | £145,576 | 99% above HPI |
2006 19 APR | £275,000 | £129,798 | 112% above HPI |
2001 27 JUL | £133,500 | £70,833 | 88% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The four 2 TORVER CLOSE sales between July 2001 and July 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 May 2018 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the July 2022 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.
2 TORVER CLOSE is 141m² according to the EPC inspection conducted in February 2022. 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 TORVER CLOSE lies on this distribution: 84% of detached houses are smaller than 2 TORVER CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Burnley.
2 TORVER CLOSE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 2 TORVER 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 TORVER 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.
2 TORVER CLOSE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 2 on TORVER CLOSE.