5, PARKWOOD AVENUE, BURNLEY, BB12 0JB - £180,000

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 PARKWOOD AVENUE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £209,596. It was last sold for £180,000 in July 2021, which was around 9% below the average July 2021 detached price in the Burnley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

5 PARKWOOD AVENUE Sold Prices

Land registry data shows three sales for 5 PARKWOOD AVENUE 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. One of the three 5 PARKWOOD AVENUE sales was for below the average price, whilst two 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 22 JUL	£180,000	£196,794	9% below HPI
2016 8 APR	£149,950	£134,217	12% above HPI
2004 7 APR	£110,000	£100,094	10% above HPI

5 PARKWOOD AVENUE 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 PARKWOOD AVENUE sales between April 2004 and July 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 April 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 PARKWOOD AVENUE be worth now?

5 PARKWOOD AVENUE might now be worth an estimated £209,596.

This is based on house price inflation of 16.4%, between July 2021 and February 2025, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 5 PARKWOOD AVENUE of £180,000 on 22nd July 2021. For the value to have increased from £180,000 to £209,596 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 5 PARKWOOD AVENUE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The July 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKWOOD AVENUE has not materially changed since July 2021.

How Large is 5 PARKWOOD AVENUE?

5 PARKWOOD AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 5 PARKWOOD AVENUE lies on this distribution: 16% of detached houses houses are smaller than 5 PARKWOOD AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Burnley.

5 PARKWOOD AVENUE: Plot and Title Map

5 PARKWOOD AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 5 PARKWOOD 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 PARKWOOD 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 PARKWOOD AVENUE?

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