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

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 LAWRENCE AVENUE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £218,000 in February 2012, which was around 21% 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	£274,647	21% below HPI
2007 17 JUN	£248,500	£313,737	21% below HPI
2004 2 JUL	£227,500	£241,934	6% below HPI
2002 6 SEP	£138,000	£169,639	19% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2012 sale, which was also at 21% below the HPI.

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 in Simonstone, based on EPC data. The below chart shows the distribution of detached houses by size in Simonstone, and where 5 LAWRENCE AVENUE lies on this distribution: 7% of detached 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.