265, LOWERHOUSE LANE, BURNLEY, BB12 6LZ - £202,000

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

265 LOWERHOUSE LANE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £202,000 in June 2021, which was around 6% above the average June 2021 detached price in the Burnley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

265 LOWERHOUSE LANE Sold Prices

Land registry data shows two sales for 265 LOWERHOUSE LANE since 1^st 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 265 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
2021 18 JUN	£202,000	£190,427	6% above HPI
1998 2 JUL	£79,000	£63,421	25% above HPI

265 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 two 265 LOWERHOUSE LANE sales from July 1998 and June 2021 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 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 265 LOWERHOUSE LANE?

265 LOWERHOUSE LANE is 74m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 265 LOWERHOUSE LANE lies on this distribution: 12% of detached houses are smaller than 265 LOWERHOUSE LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Burnley.

265 LOWERHOUSE LANE: Plot and Title Map

265 LOWERHOUSE LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 265 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 265 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 265 LOWERHOUSE LANE?

265 LOWERHOUSE LANE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 265 on LOWERHOUSE LANE.