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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 101% 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	£156,385	101% above HPI
2007 5 OCT	£368,000	£170,276	116% 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 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the October 2017 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might THE NORTH BARN be worth now?

THE NORTH BARN might now be worth an estimated £463,767.

This is based on house price inflation of 47.2%, between October 2017 and December 2024, 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 47.2% inflationary increase is applied to the most recent sale price for THE NORTH BARN of £315,000 on 20th October 2017. For the value to have increased from £315,000 to £463,767 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of THE NORTH BARN has moved in line with the HPI for detached houses in the Burnley local authority area.
• The October 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of THE NORTH BARN has not materially changed since October 2017.

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 houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where THE NORTH BARN lies on this distribution: 97% of detached houses 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 0.117 of an acre, or 474m². 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.