57, LOWER MEAD DRIVE, BURNLEY, BB12 0ED - £50,000

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

57 LOWER MEAD DRIVE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £50,000 in November 2003, which was around 43% below the average November 2003 detached price in the Burnley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

57 LOWER MEAD DRIVE Sold Prices

Land registry data shows three sales for 57 LOWER MEAD DRIVE 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. The three 57 LOWER MEAD DRIVE sales were a mix of below the average price, and roughly equal to 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
2003 21 NOV	£50,000	£87,747	43% below HPI
1997 30 MAY	£58,500	£58,698	Close to HPI
1995 16 JAN	£48,000	£56,842	16% below HPI

57 LOWER MEAD DRIVE 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 57 LOWER MEAD DRIVE sales between January 1995 and November 2003 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2003 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 57 LOWER MEAD DRIVE?

57 LOWER MEAD DRIVE is 56m² according to the EPC inspection conducted in October 2012. 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 57 LOWER MEAD DRIVE lies on this distribution: 1% of detached houses are smaller than 57 LOWER MEAD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Burnley.

57 LOWER MEAD DRIVE: Plot and Title Map

57 LOWER MEAD DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 57 LOWER MEAD DRIVE, 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 57 LOWER MEAD DRIVE). 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 57 LOWER MEAD DRIVE?

57 LOWER MEAD DRIVE is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 57 on LOWER MEAD DRIVE.