78, RICHMOND AVENUE, BURNLEY, BB10 4JL - £277,500

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

78 RICHMOND AVENUE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £277,500 in March 2020, which was around 70% above the average March 2020 detached price in the Burnley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was A.

78 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 78 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Both of the two 78 RICHMOND AVENUE 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
2020 23 MAR	£277,500	£163,024	70% above HPI
2016 30 SEP	£195,000	£147,911	32% above HPI

78 RICHMOND AVENUE 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 two 78 RICHMOND AVENUE sales from September 2016 and March 2020 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 September 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2020 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 78 RICHMOND AVENUE?

78 RICHMOND AVENUE is 84m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 78 RICHMOND AVENUE lies on this distribution: 23% of detached houses are smaller than 78 RICHMOND AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Burnley.

78 RICHMOND AVENUE: Plot and Title Map

78 RICHMOND AVENUE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 78 RICHMOND 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 78 RICHMOND 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 78 RICHMOND AVENUE?

78 RICHMOND AVENUE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 78 on RICHMOND AVENUE.