BRIDLEWAY, WHINS LANE, SIMONSTONE, BURNLEY, BB12 7QT - £415,000

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

BRIDLEWAY is a midsized detached house of 126m², built sometime between 1967 and 1975. It was last sold for £415,000 in July 2022, which was around 11% above the average July 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was A.

BRIDLEWAY Sold Prices

Land registry data shows two sales for BRIDLEWAY 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 BRIDLEWAY 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
2022 21 JUL	£415,000	£374,569	11% above HPI
2006 27 JUN	£360,000	£286,818	26% above HPI

BRIDLEWAY 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 BRIDLEWAY sales from June 2006 and July 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 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is BRIDLEWAY?

BRIDLEWAY is 126m² according to the EPC inspection conducted in July 2017. 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 BRIDLEWAY lies on this distribution: 49% of detached houses are smaller than BRIDLEWAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Simonstone.

BRIDLEWAY: Plot and Title Map

BRIDLEWAY sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of BRIDLEWAY, 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 BRIDLEWAY). 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 BRIDLEWAY?

BRIDLEWAY is located on WHINS LANE in SIMONSTONE, in the BB12 postcode district. The below map shows the position of BRIDLEWAY on WHINS LANE.