314, COG LANE, BURNLEY, BB11 5JT - £46,000

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.

314 COG LANE is a very small extended semi-detached house of 74m², built sometime before 1900, which could now be worth an estimated £60,677. It was last sold for £46,000 in September 2007, which was around 58% below the average September 2007 semi-detached price in the Burnley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

314 COG LANE Sold Prices

Land registry data shows three sales for 314 COG LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Burnley local authority area for the corresponding sale date. All of the three 314 COG LANE 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
2007 7 SEP	£46,000	£108,552	58% below HPI
2004 1 SEP	£16,000	£72,014	78% below HPI
1998 20 MAR	£19,000	£34,812	45% below HPI

314 COG LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Burnley local authority area over time, sourced from the HPI. The three 314 COG LANE sales between March 1998 and September 2007 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 September 2004 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the September 2007 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 314 COG LANE be worth now?

314 COG LANE might now be worth an estimated £60,677.

This is based on house price inflation of 31.9%, between September 2007 and February 2025, for semi-detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for 314 COG LANE of £46,000 on 7th September 2007. For the value to have increased from £46,000 to £60,677 over the eighteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 314 COG LANE has moved in line with the HPI for semi-detached houses in the Burnley local authority area.
• The September 2007 sale price of £46,000 represented a fair market value for the property.
• The size, condition, and specification of 314 COG LANE has not materially changed since September 2007.

How Large is 314 COG LANE?

314 COG LANE is 74m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of semi-detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burnley, and where 314 COG LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 314 COG LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Burnley.

314 COG LANE: Plot and Title Map

314 COG LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 314 COG 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 314 COG 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 314 COG LANE?

314 COG LANE is located in BURNLEY, in the BB11 postcode district. The below map shows the position of No. 314 on COG LANE.