40, FOUNTAINS AVENUE, SIMONSTONE, BURNLEY, BB12 7PY - £225,000

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

40 FOUNTAINS AVENUE is a large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £225,000 in February 2015, which was around 25% below the average February 2015 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was A.

40 FOUNTAINS AVENUE Sold Prices

Land registry data shows three sales for 40 FOUNTAINS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 40 FOUNTAINS AVENUE 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
2015 12 FEB	£225,000	£300,915	25% below HPI
2008 4 JUL	£245,000	£309,740	21% below HPI
1997 14 AUG	£79,000	£104,440	24% below HPI

40 FOUNTAINS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 40 FOUNTAINS AVENUE sales between August 1997 and February 2015 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 July 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 FOUNTAINS AVENUE?

40 FOUNTAINS AVENUE is 144m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 40 FOUNTAINS AVENUE lies on this distribution: 65% of detached houses are smaller than 40 FOUNTAINS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Read.

40 FOUNTAINS AVENUE: Plot and Title Map

40 FOUNTAINS AVENUE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 40 FOUNTAINS AVENUE, 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 40 FOUNTAINS AVENUE). 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 40 FOUNTAINS AVENUE?

40 FOUNTAINS AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 40 on FOUNTAINS AVENUE.