9, LAKELAND WAY, BURNLEY, BB12 8AP - £130,000

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

9 LAKELAND WAY is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £130,000 in June 2011, which was around 4% below the average June 2011 detached price in the Burnley local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

9 LAKELAND WAY Sold Prices

Land registry data shows two sales for 9 LAKELAND WAY 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. One of the two 9 LAKELAND WAY sales was for below the average price, whilst the other was 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
2011 17 JUN	£130,000	£135,906	4% below HPI
2001 14 MAY	£78,000	£62,324	25% above HPI

9 LAKELAND WAY 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 9 LAKELAND WAY sales from May 2001 and June 2011 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 May 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 LAKELAND WAY?

9 LAKELAND WAY is 94m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 9 LAKELAND WAY lies on this distribution: 35% of detached houses are smaller than 9 LAKELAND WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Burnley.

9 LAKELAND WAY: Plot and Title Map

9 LAKELAND WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 9 LAKELAND WAY, 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 9 LAKELAND WAY). 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 9 LAKELAND WAY?

9 LAKELAND WAY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 9 on LAKELAND WAY.