7, FOUNTAINS AVENUE, SIMONSTONE, BURNLEY, BB12 7PY - £193,000

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

7 FOUNTAINS AVENUE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £193,000 in April 2015, which was around 34% below the average April 2015 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

7 FOUNTAINS AVENUE Sold Prices

Land registry data shows three sales for 7 FOUNTAINS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 7 FOUNTAINS AVENUE sales were for below 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
2015 15 APR	£193,000	£292,481	34% below HPI
2009 11 AUG	£164,000	£276,900	41% below HPI
1998 30 OCT	£85,000	£110,098	23% below HPI

7 FOUNTAINS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 7 FOUNTAINS AVENUE sales between October 1998 and April 2015 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 FOUNTAINS AVENUE?

7 FOUNTAINS AVENUE is 69m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 7 FOUNTAINS AVENUE lies on this distribution: 1% of detached houses are smaller than 7 FOUNTAINS AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Read.

7 FOUNTAINS AVENUE: Plot and Title Map

7 FOUNTAINS AVENUE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 7 FOUNTAINS AVENUE, 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 7 FOUNTAINS AVENUE). 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 7 FOUNTAINS AVENUE?

7 FOUNTAINS AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 7 on FOUNTAINS AVENUE.