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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BUCKINGHAM DRIVE is a midsized extended detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £438,463. It was last sold for £425,000 in July 2024, which was around 3% 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	£411,335	3% above HPI
2018 26 OCT	£252,500	£348,482	28% below HPI
2005 22 MAR	£235,000	£269,399	13% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 BUCKINGHAM DRIVE be worth now?

5 BUCKINGHAM DRIVE might now be worth an estimated £438,463.

This is based on house price inflation of 3.2%, between July 2024 and February 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 5 BUCKINGHAM DRIVE of £425,000 on 2nd July 2024. For the value to have increased from £425,000 to £438,463 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 5 BUCKINGHAM DRIVE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The July 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BUCKINGHAM DRIVE has not materially changed since July 2024.

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 houses in Read, based on EPC data. The below chart shows the distribution of detached houses houses by size in Read, and where 5 BUCKINGHAM DRIVE lies on this distribution: 52% of detached houses houses are smaller than 5 BUCKINGHAM DRIVE, and 48% 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.