259, LOWERHOUSE LANE, BURNLEY, BB12 6LZ - £222,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

259 LOWERHOUSE LANE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £222,500 in January 2024, which was around 12% above the average January 2024 detached price in the Burnley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

259 LOWERHOUSE LANE Sold Prices

Land registry data shows four sales for 259 LOWERHOUSE LANE since 1^st 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. Most of the four 259 LOWERHOUSE 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
2024 5 JAN	£222,500	£198,668	12% above HPI
2010 5 MAR	£140,000	£144,754	3% below HPI
2003 30 JAN	£95,000	£72,440	31% above HPI
1999 26 AUG	£79,995	£62,031	29% above HPI

259 LOWERHOUSE 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 four 259 LOWERHOUSE LANE sales between August 1999 and January 2024 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 March 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 259 LOWERHOUSE LANE?

259 LOWERHOUSE LANE is 83m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 259 LOWERHOUSE LANE lies on this distribution: 22% of detached houses are smaller than 259 LOWERHOUSE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Burnley.

259 LOWERHOUSE LANE: Plot and Title Map

259 LOWERHOUSE LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 259 LOWERHOUSE 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 259 LOWERHOUSE 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 259 LOWERHOUSE LANE?

259 LOWERHOUSE LANE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 259 on LOWERHOUSE LANE.