2, LAUND GATE, FENCE, BURNLEY, BB12 9PL - £254,000

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.

2 LAUND GATE is a large extended semi-detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £367,860. It was last sold for £254,000 in September 2016, which was around 122% above the average September 2016 semi-detached price in the Pendle local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 LAUND GATE Sold Prices

Land registry data shows three sales for 2 LAUND GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. All of the three 2 LAUND GATE 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
2016 30 SEP	£254,000	£114,253	122% above HPI
2005 16 DEC	£220,000	£87,619	151% above HPI
1998 6 MAR	£76,500	£34,867	119% above HPI

2 LAUND GATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The three 2 LAUND GATE sales between March 1998 and September 2016 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 December 2005 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the September 2016 sale, where it falls to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 2 LAUND GATE be worth now?

2 LAUND GATE might now be worth an estimated £367,860.

This is based on house price inflation of 44.8%, between September 2016 and February 2025, for semi-detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.8% inflationary increase is applied to the most recent sale price for 2 LAUND GATE of £254,000 on 30th September 2016. For the value to have increased from £254,000 to £367,860 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LAUND GATE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The September 2016 sale price of £254,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAUND GATE has not materially changed since September 2016.

How Large is 2 LAUND GATE?

2 LAUND GATE is 149m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of semi-detached houses houses in Wheatley Lane, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wheatley Lane, and where 2 LAUND GATE lies on this distribution: 78% of semi-detached houses houses are smaller than 2 LAUND GATE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wheatley Lane.

2 LAUND GATE: Plot and Title Map

2 LAUND GATE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 LAUND GATE, 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 2 LAUND GATE). 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 2 LAUND GATE?

2 LAUND GATE is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 2 on LAUND GATE.