18, BUCKINGHAM DRIVE, READ, BURNLEY, BB12 7QE - £390,000

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.

18 BUCKINGHAM DRIVE is a very large extended detached house of 190m², built sometime between 1967 and 1975, which could now be worth an estimated £498,569. It was last sold for £390,000 in May 2019, which was around 14% above the average May 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

18 BUCKINGHAM DRIVE Sold Prices

Land registry data shows two sales for 18 BUCKINGHAM DRIVE 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. One of the two 18 BUCKINGHAM DRIVE sales was for above the average price, whilst the other was for below 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
2019 7 MAY	£390,000	£343,169	14% above HPI
2007 1 NOV	£330,000	£345,178	4% below HPI

18 BUCKINGHAM DRIVE 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 18 BUCKINGHAM DRIVE sales from November 2007 and May 2019 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 November 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 BUCKINGHAM DRIVE be worth now?

18 BUCKINGHAM DRIVE might now be worth an estimated £498,569.

This is based on house price inflation of 27.8%, between May 2019 and June 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 18 BUCKINGHAM DRIVE of £390,000 on 7th May 2019. For the value to have increased from £390,000 to £498,569 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 18 BUCKINGHAM DRIVE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The May 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BUCKINGHAM DRIVE has not materially changed since May 2019.

How Large is 18 BUCKINGHAM DRIVE?

18 BUCKINGHAM DRIVE is 190m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses houses in Read, based on EPC data. The below chart shows the distribution of detached houses houses by size in Read, and where 18 BUCKINGHAM DRIVE lies on this distribution: 90% of detached houses houses are smaller than 18 BUCKINGHAM DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Read.

18 BUCKINGHAM DRIVE: Plot and Title Map

18 BUCKINGHAM DRIVE sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of 18 BUCKINGHAM DRIVE, 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 18 BUCKINGHAM DRIVE). 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 18 BUCKINGHAM DRIVE?

18 BUCKINGHAM DRIVE is located in READ, in the BB12 postcode district. The below map shows the position of No. 18 on BUCKINGHAM DRIVE.