32, RAVENOAK LANE, WORSTHORNE, BURNLEY, BB10 3NZ - £177,000

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

32 RAVENOAK LANE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £177,000 in September 2014, which was around 31% above the average September 2014 detached price in the Burnley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

32 RAVENOAK LANE Sold Prices

Land registry data shows two sales for 32 RAVENOAK 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 32 RAVENOAK 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
2014 12 SEP	£177,000	£134,924	31% above HPI
2000 15 DEC	£87,000	£64,767	34% above HPI

32 RAVENOAK 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 32 RAVENOAK LANE sales from December 2000 and September 2014 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 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 32 RAVENOAK LANE?

32 RAVENOAK LANE is 115m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Worsthorne, based on EPC data. The below chart shows the distribution of detached houses by size in Worsthorne, and where 32 RAVENOAK LANE lies on this distribution: 55% of detached houses are smaller than 32 RAVENOAK LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Worsthorne.

32 RAVENOAK LANE: Plot and Title Map

32 RAVENOAK LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 32 RAVENOAK 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 32 RAVENOAK 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 32 RAVENOAK LANE?

32 RAVENOAK LANE is located in WORSTHORNE, in the BB10 postcode district. The below map shows the position of No. 32 on RAVENOAK LANE.