LYNN COTTAGE, WHEATLEY LANE ROAD, FENCE, BURNLEY, BB12 9QG - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LYNN COTTAGE is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £305,000 in July 2024, which was around 28% above the average July 2024 detached price in the Pendle local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

LYNN COTTAGE Sold Prices

Land registry data shows four sales for LYNN COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four LYNN COTTAGE 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
2024 31 JUL	£305,000	£239,011	28% above HPI
2021 18 JUN	£279,327	£235,176	19% above HPI
2020 19 AUG	£264,612	£203,742	30% above HPI
2008 31 JAN	£215,000	£178,507	20% above HPI

LYNN COTTAGE 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 four LYNN COTTAGE sales between January 2008 and July 2024 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 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2024 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is LYNN COTTAGE?

LYNN COTTAGE is 71m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of detached houses in Wheatley Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Lane, and where LYNN COTTAGE lies on this distribution: 4% of detached houses are smaller than LYNN COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wheatley Lane.

LYNN COTTAGE: Plot and Title Map

LYNN COTTAGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of LYNN COTTAGE, 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 LYNN COTTAGE). 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 LYNN COTTAGE?

LYNN COTTAGE is located on WHEATLEY LANE ROAD in FENCE, in the BB12 postcode district. The below map shows the position of LYNN COTTAGE on WHEATLEY LANE ROAD.