3, FOUNTAINS AVENUE, SIMONSTONE, BURNLEY, BB12 7PY - £290,000

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

3 FOUNTAINS AVENUE is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £290,000 in January 2024, which was around 25% below the average January 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

3 FOUNTAINS AVENUE Sold Prices

Land registry data shows three sales for 3 FOUNTAINS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 3 FOUNTAINS AVENUE 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
2024 5 JAN	£290,000	£385,951	25% below HPI
2013 3 DEC	£228,000	£285,948	20% below HPI
2013 3 MAY	£179,950	£291,937	38% below HPI

3 FOUNTAINS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 3 FOUNTAINS AVENUE sales between May 2013 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 December 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 FOUNTAINS AVENUE?

3 FOUNTAINS AVENUE is 90m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 3 FOUNTAINS AVENUE lies on this distribution: 10% of detached houses are smaller than 3 FOUNTAINS AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Read.

3 FOUNTAINS AVENUE: Plot and Title Map

3 FOUNTAINS AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 FOUNTAINS AVENUE, 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 3 FOUNTAINS AVENUE). 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 3 FOUNTAINS AVENUE?

3 FOUNTAINS AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 3 on FOUNTAINS AVENUE.