31, PENDLE LANE, FENCE, BURNLEY, BB12 9FA - £270,000

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.

31 PENDLE LANE is a very small semi-detached house of 84m², built in 2016, which could now be worth an estimated £299,016. It was last sold for £270,000 in December 2023, which was around 65% above the average December 2023 semi-detached price in the Pendle local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

31 PENDLE LANE Sold Prices

Land registry data shows three sales for 31 PENDLE LANE 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 31 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
2023 19 DEC	£270,000	£163,709	65% above HPI
2022 24 JUN	£265,000	£154,743	71% above HPI
2017 12 DEC	£234,950	£114,777	105% above HPI

31 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 three 31 PENDLE LANE sales between December 2017 and December 2023 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 June 2022 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the December 2023 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 31 PENDLE LANE be worth now?

31 PENDLE LANE might now be worth an estimated £299,016.

This is based on house price inflation of 10.7%, between December 2023 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 10.7% inflationary increase is applied to the most recent sale price for 31 PENDLE LANE of £270,000 on 19th December 2023. For the value to have increased from £270,000 to £299,016 over the three years and five months to July 2026, the following assumptions must hold true:

• The value of 31 PENDLE LANE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The December 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PENDLE LANE has not materially changed since December 2023.

How Large is 31 PENDLE LANE?

31 PENDLE LANE is 84m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 31 PENDLE LANE lies on this distribution: 17% of semi-detached houses houses are smaller than 31 PENDLE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wheatley Lane.

31 PENDLE LANE: Plot and Title Map

31 PENDLE LANE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 31 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 31 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 31 PENDLE LANE?

31 PENDLE LANE is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 31 on PENDLE LANE.