65, THE SPINNEY, BURNLEY, BB12 0PB - £132,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

65 THE SPINNEY is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £132,500 in July 2006, which was around 8% below the average July 2006 detached price in the Burnley local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

65 THE SPINNEY Sold Prices

Land registry data shows three sales for 65 THE SPINNEY 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. Two of the three 65 THE SPINNEY sales were for below the average price, whilst one 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
2006 4 JUL	£132,500	£143,977	8% below HPI
2005 26 AUG	£116,321	£129,111	10% below HPI
1998 26 JUN	£63,950	£63,435	1% above HPI

65 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 three 65 THE SPINNEY sales between June 1998 and July 2006 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 August 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2006 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 65 THE SPINNEY be worth now?

65 THE SPINNEY might now be worth an estimated £211,888.

This is based on house price inflation of 59.9%, between July 2006 and December 2024, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.9% inflationary increase is applied to the most recent sale price for 65 THE SPINNEY of £132,500 on 4th July 2006. For the value to have increased from £132,500 to £211,888 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 65 THE SPINNEY has moved in line with the HPI for detached houses in the Burnley local authority area.
• The July 2006 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 65 THE SPINNEY has not materially changed since July 2006.

How Large is 65 THE SPINNEY?

65 THE SPINNEY is 63m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 65 THE SPINNEY lies on this distribution: 3% of detached houses houses are smaller than 65 THE SPINNEY, and 96% of houses are larger. Note that EPC data is not available for all properties in Burnley.

65 THE SPINNEY: Plot and Title Map

65 THE SPINNEY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 65 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 65 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 65 THE SPINNEY?

65 THE SPINNEY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 65 on THE SPINNEY.