HEASANDFORD LODGE, NETHERWOOD ROAD, BURNLEY, BB10 2AH - £350,000

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.

HEASANDFORD LODGE is a very large detached house of 134m², built sometime before 1900, which could now be worth an estimated £380,034. It was last sold for £350,000 in February 2022, which was around 66% above the average February 2022 detached price in the Burnley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was B.

HEASANDFORD LODGE Sold Prices

Land registry data shows three sales for HEASANDFORD LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the three HEASANDFORD LODGE 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 18 FEB	£350,000	£211,041	66% above HPI
2004 5 JUL	£166,500	£110,651	50% above HPI
2001 2 NOV	£89,950	£70,821	27% above HPI

HEASANDFORD LODGE 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 three HEASANDFORD LODGE sales between November 2001 and February 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 July 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might HEASANDFORD LODGE be worth now?

HEASANDFORD LODGE might now be worth an estimated £380,034.

This is based on house price inflation of 8.6%, between February 2022 and February 2025, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for HEASANDFORD LODGE of £350,000 on 18th February 2022. For the value to have increased from £350,000 to £380,034 over the three years to February 2025, the following assumptions must hold true:

• The value of HEASANDFORD LODGE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The February 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of HEASANDFORD LODGE has not materially changed since February 2022.

How Large is HEASANDFORD LODGE?

HEASANDFORD LODGE is 134m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where HEASANDFORD LODGE lies on this distribution: 82% of detached houses houses are smaller than HEASANDFORD LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Burnley.

HEASANDFORD LODGE: Plot and Title Map

HEASANDFORD LODGE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of HEASANDFORD LODGE, 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 HEASANDFORD LODGE). 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 HEASANDFORD LODGE?

HEASANDFORD LODGE is located on NETHERWOOD ROAD in BURNLEY, in the BB10 postcode district. The below map shows the position of HEASANDFORD LODGE on NETHERWOOD ROAD.