7, WOODHEAD ROAD, READ, BURNLEY, BB12 7PH - £250,000

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 WOODHEAD ROAD is a midsized detached house of 129m², built sometime between 1976 and 1982. It was last sold for £250,000 in March 2015, which was around 16% below the average March 2015 detached price in the Ribble Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

7 WOODHEAD ROAD Sold Prices

Land registry data shows two sales for 7 WOODHEAD ROAD 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 WOODHEAD ROAD 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 27 MAR	£250,000	£296,745	16% below HPI
1999 12 MAR	£99,950	£111,611	10% below HPI

7 WOODHEAD ROAD 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 WOODHEAD ROAD sales from March 1999 and March 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 March 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 WOODHEAD ROAD?

7 WOODHEAD ROAD is 129m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% 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 WOODHEAD ROAD lies on this distribution: 52% of detached houses are smaller than 7 WOODHEAD ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Read.

7 WOODHEAD ROAD: Plot and Title Map

7 WOODHEAD ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 7 WOODHEAD 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 7 WOODHEAD 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 7 WOODHEAD ROAD?

7 WOODHEAD ROAD is located in READ, in the BB12 postcode district. The below map shows the position of No. 7 on WOODHEAD ROAD.