37, OAKWOOD CLOSE, BURNLEY, BB10 2DY - £85,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 OAKWOOD CLOSE is a midsized extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £85,000 in May 2002, which was around 10% above the average May 2002 detached price in the Burnley local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

37 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 37 OAKWOOD CLOSE 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. One of the two 37 OAKWOOD CLOSE sales was for above the average price, whilst the other was 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
2002 31 MAY	£85,000	£77,266	10% above HPI
1996 8 MAR	£20,000	£56,009	64% below HPI

37 OAKWOOD CLOSE 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 37 OAKWOOD CLOSE sales from March 1996 and May 2002 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 March 1996 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the May 2002 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 37 OAKWOOD CLOSE be worth now?

37 OAKWOOD CLOSE might now be worth an estimated £253,288.

This is based on house price inflation of 198%, between May 2002 and December 2024, for 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 198% inflationary increase is applied to the most recent sale price for 37 OAKWOOD CLOSE of £85,000 on 31st May 2002. For the value to have increased from £85,000 to £253,288 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 37 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The May 2002 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 37 OAKWOOD CLOSE has not materially changed since May 2002.

How Large is 37 OAKWOOD CLOSE?

37 OAKWOOD CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 37 OAKWOOD CLOSE lies on this distribution: 45% of detached houses houses are smaller than 37 OAKWOOD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Burnley.

37 OAKWOOD CLOSE: Plot and Title Map

37 OAKWOOD CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 37 OAKWOOD CLOSE, 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 37 OAKWOOD CLOSE). 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 37 OAKWOOD CLOSE?

37 OAKWOOD CLOSE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 37 on OAKWOOD CLOSE.