5, LAWRENCE AVENUE, SIMONSTONE, BURNLEY, BB12 7HX - £218,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 LAWRENCE AVENUE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £321,574. It was last sold for £218,000 in February 2012, which was around 25% below the average February 2012 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

5 LAWRENCE AVENUE Sold Prices

Land registry data shows four sales for 5 LAWRENCE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the four 5 LAWRENCE 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
2012 24 FEB	£218,000	£290,237	25% below HPI
2007 17 JUN	£248,500	£331,547	25% below HPI
2004 2 JUL	£227,500	£255,667	11% below HPI
2002 6 SEP	£138,000	£179,268	23% below HPI

5 LAWRENCE 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 four 5 LAWRENCE AVENUE sales between September 2002 and February 2012 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2012 sale, which was also at 25% below the HPI.

What might 5 LAWRENCE AVENUE be worth now?

5 LAWRENCE AVENUE might now be worth an estimated £321,574.

This is based on house price inflation of 47.5%, between February 2012 and December 2024, 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 47.5% inflationary increase is applied to the most recent sale price for 5 LAWRENCE AVENUE of £218,000 on 24th February 2012. For the value to have increased from £218,000 to £321,574 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 5 LAWRENCE AVENUE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The February 2012 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAWRENCE AVENUE has not materially changed since February 2012.

How Large is 5 LAWRENCE AVENUE?

5 LAWRENCE AVENUE is 81m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses houses in Simonstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Simonstone, and where 5 LAWRENCE AVENUE lies on this distribution: 7% of detached houses houses are smaller than 5 LAWRENCE AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Simonstone.

5 LAWRENCE AVENUE: Plot and Title Map

5 LAWRENCE AVENUE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 LAWRENCE 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 5 LAWRENCE 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 5 LAWRENCE AVENUE?

5 LAWRENCE AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 5 on LAWRENCE AVENUE.