8, LAWRENCE AVENUE, SIMONSTONE, BURNLEY, BB12 7HX - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 LAWRENCE AVENUE is a midsized detached house of 125m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2022, which was around 18% below the average December 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was D.

8 LAWRENCE AVENUE Sold Prices

Land registry data shows three sales for 8 LAWRENCE 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 8 LAWRENCE 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
2022 16 DEC	£320,000	£390,127	18% below HPI
2004 11 JUN	£225,000	£239,980	6% below HPI
1997 15 JAN	£81,000	£98,127	17% below HPI

8 LAWRENCE 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 8 LAWRENCE AVENUE sales between January 1997 and December 2022 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 June 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LAWRENCE AVENUE?

8 LAWRENCE AVENUE is 125m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Simonstone, based on EPC data. The below chart shows the distribution of detached houses by size in Simonstone, and where 8 LAWRENCE AVENUE lies on this distribution: 47% of detached houses are smaller than 8 LAWRENCE AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Simonstone.

8 LAWRENCE AVENUE: Plot and Title Map

8 LAWRENCE AVENUE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 8 LAWRENCE 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 8 LAWRENCE 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 8 LAWRENCE AVENUE?

8 LAWRENCE AVENUE is located in SIMONSTONE, in the BB12 postcode district. The below map shows the position of No. 8 on LAWRENCE AVENUE.