518, WHEATLEY LANE ROAD, FENCE, BURNLEY, BB12 9EA - £247,000

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

518 WHEATLEY LANE ROAD is a midsized detached house of 116m², built sometime between 1950 and 1966. It was last sold for £247,000 in August 2010, which was around 51% above the average August 2010 detached price in the Pendle local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was A.

518 WHEATLEY LANE ROAD Sold Prices

Land registry data shows two sales for 518 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 518 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
2010 6 AUG	£247,000	£164,022	51% above HPI
2007 9 FEB	£250,000	£166,306	50% above HPI

518 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 518 WHEATLEY LANE ROAD sales from February 2007 and August 2010 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 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2010 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 518 WHEATLEY LANE ROAD?

518 WHEATLEY LANE ROAD is 116m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Fence, based on EPC data. The below chart shows the distribution of detached houses by size in Fence, and where 518 WHEATLEY LANE ROAD lies on this distribution: 47% of detached houses are smaller than 518 WHEATLEY LANE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Fence.

518 WHEATLEY LANE ROAD: Plot and Title Map

518 WHEATLEY LANE ROAD sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 518 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 518 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 518 WHEATLEY LANE ROAD?

518 WHEATLEY LANE ROAD is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 518 on WHEATLEY LANE ROAD.