54, REEDLEY ROAD, BURNLEY, BB10 2NE - £88,500

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

54 REEDLEY ROAD is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £88,500 in May 2002, which was around 29% above the average May 2002 detached price in the Pendle local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

54 REEDLEY ROAD Sold Prices

Land registry data shows three sales for 54 REEDLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three 54 REEDLEY 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
2002 31 MAY	£88,500	£68,671	29% above HPI
2000 12 MAY	£72,500	£67,815	7% above HPI
1997 12 AUG	£66,500	£63,345	5% above HPI

54 REEDLEY 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 three 54 REEDLEY ROAD sales between August 1997 and May 2002 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 May 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2002 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 54 REEDLEY ROAD?

54 REEDLEY ROAD is 99m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 54 REEDLEY ROAD lies on this distribution: 30% of detached houses are smaller than 54 REEDLEY ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

54 REEDLEY ROAD: Plot and Title Map

54 REEDLEY ROAD sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 54 REEDLEY 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 54 REEDLEY 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 54 REEDLEY ROAD?

54 REEDLEY ROAD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 54 on REEDLEY ROAD.