5, BUCKINGHAM DRIVE, READ, BURNLEY, BB12 7QE - £425,000

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

5 BUCKINGHAM DRIVE is a midsized extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £425,000 in July 2024, which was around 5% above the average July 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

5 BUCKINGHAM DRIVE Sold Prices

Land registry data shows three sales for 5 BUCKINGHAM DRIVE 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. One of the three 5 BUCKINGHAM DRIVE sales was for above the average price, whilst two 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
2024 2 JUL	£425,000	£404,643	5% above HPI
2018 26 OCT	£252,500	£329,763	23% below HPI
2005 22 MAR	£235,000	£254,928	8% below HPI

5 BUCKINGHAM DRIVE 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 5 BUCKINGHAM DRIVE sales between March 2005 and July 2024 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 October 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 BUCKINGHAM DRIVE?

5 BUCKINGHAM DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 5 BUCKINGHAM DRIVE lies on this distribution: 53% of detached houses are smaller than 5 BUCKINGHAM DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Read.

5 BUCKINGHAM DRIVE: Plot and Title Map

5 BUCKINGHAM DRIVE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 5 BUCKINGHAM DRIVE, 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 5 BUCKINGHAM DRIVE). 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 5 BUCKINGHAM DRIVE?

5 BUCKINGHAM DRIVE is located in READ, in the BB12 postcode district. The below map shows the position of No. 5 on BUCKINGHAM DRIVE.