THE BARN, TURNER FOLD, READ, BURNLEY, BB12 7QZ - £695,000

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

THE BARN is a very large detached house of 256m², built sometime between 1976 and 1982. It was last sold for £695,000 in September 2022, which was around 82% above the average September 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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 SEP	£695,000	£382,894	82% above HPI
1995 12 MAY	£160,000	£95,112	68% above HPI

THE BARN 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 THE BARN sales from May 1995 and September 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 May 1995 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2022 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is THE BARN?

THE BARN is 256m² according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where THE BARN lies on this distribution: 97% of detached houses are smaller than THE BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Read.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on TURNER FOLD in READ, in the BB12 postcode district. The below map shows the position of THE BARN on TURNER FOLD.