3, REEDFIELD, BURNLEY, BB10 2NJ - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 REEDFIELD is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £325,740. It was last sold for £195,000 in September 2006, which was around 19% above the average September 2006 detached price in the Pendle local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

3 REEDFIELD Sold Prices

Land registry data shows three sales for 3 REEDFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three 3 REEDFIELD 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
2006 22 SEP	£195,000	£163,862	19% above HPI
1998 27 NOV	£90,750	£61,447	48% above HPI
1998 23 OCT	£90,000	£61,355	47% above HPI

3 REEDFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The three 3 REEDFIELD sales between October 1998 and September 2006 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 November 1998 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2006 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 REEDFIELD be worth now?

3 REEDFIELD might now be worth an estimated £325,740.

This is based on house price inflation of 67%, between September 2006 and February 2025, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67% inflationary increase is applied to the most recent sale price for 3 REEDFIELD of £195,000 on 22nd September 2006. For the value to have increased from £195,000 to £325,740 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 REEDFIELD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The September 2006 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REEDFIELD has not materially changed since September 2006.

How Large is 3 REEDFIELD?

3 REEDFIELD is 123m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 3 REEDFIELD lies on this distribution: 57% of detached houses houses are smaller than 3 REEDFIELD, and 41% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

3 REEDFIELD: Plot and Title Map

3 REEDFIELD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 REEDFIELD, 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 REEDFIELD). 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 REEDFIELD?

3 REEDFIELD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 3 on REEDFIELD.