38, REEDLEY ROAD, BURNLEY, BB10 2LU - £185,000

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

38 REEDLEY ROAD is a very large detached house of 175m², built sometime between 1900 and 1929. It was last sold for £185,000 in July 2005, which was around 48% above the average July 2005 detached price in the Pendle local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

38 REEDLEY ROAD Sold Prices

Land registry data shows two sales for 38 REEDLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 38 REEDLEY ROAD 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
2005 15 JUL	£185,000	£124,953	48% above HPI
2002 28 JUN	£127,500	£71,602	78% above HPI

38 REEDLEY ROAD 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 two 38 REEDLEY ROAD sales from June 2002 and July 2005 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 June 2002 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2005 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 38 REEDLEY ROAD?

38 REEDLEY ROAD is 175m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 38 REEDLEY ROAD lies on this distribution: 87% of detached houses are smaller than 38 REEDLEY ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

38 REEDLEY ROAD: Plot and Title Map

38 REEDLEY ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 38 REEDLEY ROAD, 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 38 REEDLEY ROAD). 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 38 REEDLEY ROAD?

38 REEDLEY ROAD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 38 on REEDLEY ROAD.