BROADLANDS, REEDLEY DRIVE, BURNLEY, BB10 2QZ - £565,000

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

BROADLANDS is a very large extended detached house of 289m², built sometime between 1996 and 2002. It was last sold for £565,000 in December 2020, which was around 163% above the average December 2020 detached price in the Pendle local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

BROADLANDS Sold Prices

Land registry data shows two sales for BROADLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two BROADLANDS 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 18 DEC	£565,000	£215,048	163% above HPI
2003 28 FEB	£350,000	£74,643	369% above HPI

BROADLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two BROADLANDS sales from February 2003 and December 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 February 2003 sale was for 369% above the HPI. So the extrapolation line tracks at 369% above the HPI over time, until the December 2020 sale, where it falls to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is BROADLANDS?

BROADLANDS is 289m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where BROADLANDS lies on this distribution: 97% of detached houses are smaller than BROADLANDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

BROADLANDS: Plot and Title Map

BROADLANDS sits on a plot of roughly 0.411 of an acre, or 1,665m². The below map shows the location of BROADLANDS, 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 BROADLANDS). 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 BROADLANDS?

BROADLANDS is located on REEDLEY DRIVE in BURNLEY, in the BB10 postcode district. The below map shows the position of BROADLANDS on REEDLEY DRIVE.