28, THE SPINNEY, BURNLEY, BB12 0PB - £190,000

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

28 THE SPINNEY is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £190,000 in June 2022, which was around 10% below the average June 2022 detached price in the Burnley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

28 THE SPINNEY Sold Prices

Land registry data shows four sales for 28 THE SPINNEY 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 28 THE SPINNEY sales were for below 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 17 JUN	£190,000	£210,421	10% below HPI
2019 4 OCT	£138,000	£160,130	14% below HPI
2003 8 AUG	£90,000	£88,328	2% above HPI
1998 26 JUN	£59,950	£61,600	3% below HPI

28 THE SPINNEY 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 28 THE SPINNEY sales between June 1998 and June 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 October 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 28 THE SPINNEY?

28 THE SPINNEY is 62m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 28 THE SPINNEY lies on this distribution: 3% of detached houses are smaller than 28 THE SPINNEY, and 97% of houses are larger. Note that EPC data is not available for all properties in Burnley.

28 THE SPINNEY: Plot and Title Map

28 THE SPINNEY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 28 THE SPINNEY, 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 28 THE SPINNEY). 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 28 THE SPINNEY?

28 THE SPINNEY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 28 on THE SPINNEY.