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
41 LOW BANK is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £150,000 in September 2017, which was around 3% below the average September 2017 detached price in the Burnley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 41 LOW BANK since 1st 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 41 LOW BANK sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2017 22 SEP | £150,000 | £154,101 | 3% below HPI |
1996 28 JUN | £87,995 | £56,572 | 56% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The two 41 LOW BANK sales from June 1996 and September 2017 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 1996 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
41 LOW BANK is 107m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 41 LOW BANK lies on this distribution: 55% of detached houses are smaller than 41 LOW BANK, and 44% of houses are larger. Note that EPC data is not available for all properties in Burnley.
41 LOW BANK sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 41 LOW BANK, 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 41 LOW BANK). 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.
41 LOW BANK is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 41 on LOW BANK.