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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LAWRENCE AVENUE is a midsized detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £329,386. It was last sold for £320,000 in December 2022, which was around 22% 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	£412,272	22% below HPI
2004 11 JUN	£225,000	£253,602	11% below HPI
1997 15 JAN	£81,000	£103,698	22% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 LAWRENCE AVENUE be worth now?

8 LAWRENCE AVENUE might now be worth an estimated £329,386.

This is based on house price inflation of 2.9%, between December 2022 and February 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 8 LAWRENCE AVENUE of £320,000 on 16th December 2022. For the value to have increased from £320,000 to £329,386 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 LAWRENCE AVENUE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The December 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAWRENCE AVENUE has not materially changed since December 2022.

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 houses in Simonstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Simonstone, and where 8 LAWRENCE AVENUE lies on this distribution: 47% of detached houses houses are smaller than 8 LAWRENCE AVENUE, and 53% 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.