7, WOODFIELDS, SIMONSTONE, BURNLEY, BB12 7SB - £550,000

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 WOODFIELDS is a very large detached house of 240m², built sometime between 1996 and 2002. It was last sold for £550,000 in November 2019, which was around 65% above the average November 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

7 WOODFIELDS Sold Prices

Land registry data shows two sales for 7 WOODFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 7 WOODFIELDS 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
2019 20 NOV	£550,000	£333,719	65% above HPI
2002 4 OCT	£360,000	£171,293	110% above HPI

7 WOODFIELDS 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 two 7 WOODFIELDS sales from October 2002 and November 2019 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 October 2002 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the November 2019 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 7 WOODFIELDS?

7 WOODFIELDS is 240m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Simonstone, based on EPC data. The below chart shows the distribution of detached houses by size in Simonstone, and where 7 WOODFIELDS lies on this distribution: 91% of detached houses are smaller than 7 WOODFIELDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Simonstone.

7 WOODFIELDS: Plot and Title Map

7 WOODFIELDS sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 7 WOODFIELDS, 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 WOODFIELDS). 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 WOODFIELDS?

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