THE NORTH BARN, IGHTENHILL PARK LANE, BURNLEY, BB12 0RP - £315,000

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

THE NORTH BARN is a very large extended detached house of 221m², built sometime before 1900. It was last sold for £315,000 in October 2017, which was around 107% above the average October 2017 detached price in the Burnley local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

THE NORTH BARN Sold Prices

Land registry data shows two sales for THE NORTH 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 Burnley local authority area for the corresponding sale date. Both of the two THE NORTH 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
2017 20 OCT	£315,000	£151,862	107% above HPI
2007 5 OCT	£368,000	£165,351	123% above HPI

THE NORTH BARN 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 two THE NORTH BARN sales from October 2007 and October 2017 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 October 2007 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the October 2017 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is THE NORTH BARN?

THE NORTH BARN is 221m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where THE NORTH BARN lies on this distribution: 97% of detached houses are smaller than THE NORTH BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Burnley.

THE NORTH BARN: Plot and Title Map

THE NORTH BARN sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of THE NORTH 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 NORTH 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 NORTH BARN?

THE NORTH BARN is located on IGHTENHILL PARK LANE in BURNLEY, in the BB12 postcode district. The below map shows the position of THE NORTH BARN on IGHTENHILL PARK LANE.