506, WHEATLEY LANE ROAD, FENCE, BURNLEY, BB12 9EA - £220,000

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

506 WHEATLEY LANE ROAD is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £220,000 in July 2013, which was around 40% above the average July 2013 detached price in the Pendle local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

506 WHEATLEY LANE ROAD Sold Prices

Land registry data shows two sales for 506 WHEATLEY LANE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 506 WHEATLEY LANE ROAD 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
2013 31 JUL	£220,000	£157,607	40% above HPI
1996 17 SEP	£82,000	£60,608	35% above HPI

506 WHEATLEY LANE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 506 WHEATLEY LANE ROAD sales from September 1996 and July 2013 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 September 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2013 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 506 WHEATLEY LANE ROAD?

506 WHEATLEY LANE ROAD is 106m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Fence, based on EPC data. The below chart shows the distribution of detached houses by size in Fence, and where 506 WHEATLEY LANE ROAD lies on this distribution: 32% of detached houses are smaller than 506 WHEATLEY LANE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Fence.

506 WHEATLEY LANE ROAD: Plot and Title Map

506 WHEATLEY LANE ROAD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 506 WHEATLEY LANE ROAD, 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 506 WHEATLEY LANE ROAD). 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 506 WHEATLEY LANE ROAD?

506 WHEATLEY LANE ROAD is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 506 on WHEATLEY LANE ROAD.