51, THE SPINNEY, BURNLEY, BB12 0PB - £153,000

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

51 THE SPINNEY is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £153,000 in June 2021, which was around 20% below the average June 2021 detached price in the Burnley local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

51 THE SPINNEY Sold Prices

Land registry data shows two sales for 51 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. One of the two 51 THE SPINNEY sales was for below the average price, whilst the other was 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 25 JUN	£153,000	£190,427	20% below HPI
1998 27 FEB	£63,450	£61,228	4% above HPI

51 THE SPINNEY 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 two 51 THE SPINNEY sales from February 1998 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 February 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 51 THE SPINNEY?

51 THE SPINNEY is 63m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 51 THE SPINNEY lies on this distribution: 3% of detached houses are smaller than 51 THE SPINNEY, and 96% of houses are larger. Note that EPC data is not available for all properties in Burnley.

51 THE SPINNEY: Plot and Title Map

51 THE SPINNEY sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 51 THE SPINNEY, 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 51 THE SPINNEY). 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 51 THE SPINNEY?

51 THE SPINNEY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 51 on THE SPINNEY.