3, PENDLE LANE, FENCE, BURNLEY, BB12 9FA - £250,000

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.

3 PENDLE LANE is a small semi-detached house of 93m², built in 2016, which could now be worth an estimated £292,908. It was last sold for £250,000 in June 2022, which was around 62% above the average June 2022 semi-detached price in the Pendle local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

3 PENDLE LANE Sold Prices

Land registry data shows four sales for 3 PENDLE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. All of the four 3 PENDLE LANE 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 15 JUN	£250,000	£154,743	62% above HPI
2021 12 APR	£229,995	£145,829	58% above HPI
2021 26 MAR	£225,000	£142,383	58% above HPI
2018 20 AUG	£220,000	£119,933	83% above HPI

3 PENDLE LANE 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 four 3 PENDLE LANE sales between August 2018 and June 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 April 2021 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 PENDLE LANE be worth now?

3 PENDLE LANE might now be worth an estimated £292,908.

This is based on house price inflation of 17.2%, between June 2022 and July 2026, 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 17.2% inflationary increase is applied to the most recent sale price for 3 PENDLE LANE of £250,000 on 15th June 2022. For the value to have increased from £250,000 to £292,908 over the three years and eleven months to July 2026, the following assumptions must hold true:

• The value of 3 PENDLE LANE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENDLE LANE has not materially changed since June 2022.

How Large is 3 PENDLE LANE?

3 PENDLE LANE is 93m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 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 3 PENDLE LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 3 PENDLE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wheatley Lane.

3 PENDLE LANE: Plot and Title Map

3 PENDLE LANE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 3 PENDLE LANE, 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 3 PENDLE LANE). 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 3 PENDLE LANE?

3 PENDLE LANE is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 3 on PENDLE LANE.