5, PALACE GARDENS, BURNLEY, BB12 6TD - £386,072

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PALACE GARDENS is a very large detached house of 203m², built sometime between 1996 and 2002. It was last sold for £386,072 in June 2021, which was around 103% above the average June 2021 detached price in the Burnley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 PALACE GARDENS Sold Prices

Land registry data shows three sales for 5 PALACE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the three 5 PALACE GARDENS sales were 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
2021 17 JUN	£386,072	£190,427	103% above HPI
2001 13 AUG	£165,000	£73,949	123% above HPI
1997 21 FEB	£145,000	£53,910	169% above HPI

5 PALACE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The three 5 PALACE GARDENS sales between February 1997 and June 2021 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 August 2001 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the June 2021 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 5 PALACE GARDENS?

5 PALACE GARDENS is 203m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 5 PALACE GARDENS lies on this distribution: 96% of detached houses are smaller than 5 PALACE GARDENS, and 4% of houses are larger. Note that EPC data is not available for all properties in Burnley.

5 PALACE GARDENS: Plot and Title Map

5 PALACE GARDENS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 5 PALACE GARDENS, 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 PALACE GARDENS). 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 PALACE GARDENS?

5 PALACE GARDENS is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 5 on PALACE GARDENS.