261, LOWERHOUSE LANE, BURNLEY, BB12 6LZ - £179,500

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

261 LOWERHOUSE LANE is a large detached house of 117m², built sometime between 1976 and 1982. It was last sold for £179,500 in December 2017, which was around 22% above the average December 2017 detached price in the Burnley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

261 LOWERHOUSE LANE Sold Prices

Land registry data shows four sales for 261 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 261 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
2017 19 DEC	£179,500	£147,713	22% above HPI
2014 20 JAN	£157,000	£128,366	22% above HPI
2006 17 NOV	£147,500	£152,821	3% below HPI
1999 26 FEB	£79,995	£61,138	31% above HPI

261 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 261 LOWERHOUSE LANE sales between February 1999 and December 2017 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 January 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2017 sale, which was also at 22% above the HPI.

How Large is 261 LOWERHOUSE LANE?

261 LOWERHOUSE LANE is 117m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 261 LOWERHOUSE LANE lies on this distribution: 67% of detached houses are smaller than 261 LOWERHOUSE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Burnley.

261 LOWERHOUSE LANE: Plot and Title Map

261 LOWERHOUSE LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 261 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 261 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 261 LOWERHOUSE LANE?

261 LOWERHOUSE LANE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 261 on LOWERHOUSE LANE.