5, PENDLE LANE, FENCE, BURNLEY, BB12 9FA - £72,000

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.

5 PENDLE LANE is a very small semi-detached house of 66m², built in 2016, which could now be worth an estimated £83,605. It was last sold for £72,000 in July 2023, which was around 54% below the average July 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.

5 PENDLE LANE Sold Prices

Land registry data shows two sales for 5 PENDLE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. One of the two 5 PENDLE LANE sales was for below the average price, whilst the other was 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 24 JUL	£72,000	£156,136	54% below HPI
2017 27 OCT	£180,000	£120,401	50% above HPI

5 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 two 5 PENDLE LANE sales from October 2017 and July 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 October 2017 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 5 PENDLE LANE be worth now?

5 PENDLE LANE might now be worth an estimated £83,605.

This is based on house price inflation of 16.1%, between July 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 16.1% inflationary increase is applied to the most recent sale price for 5 PENDLE LANE of £72,000 on 24th July 2023. For the value to have increased from £72,000 to £83,605 over the three years to July 2026, the following assumptions must hold true:

• The value of 5 PENDLE LANE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The July 2023 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENDLE LANE has not materially changed since July 2023.

How Large is 5 PENDLE LANE?

5 PENDLE LANE is 66m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% 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 5 PENDLE LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 PENDLE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wheatley Lane.

5 PENDLE LANE: Plot and Title Map

5 PENDLE LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 5 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 5 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 5 PENDLE LANE?

5 PENDLE LANE is located in FENCE, in the BB12 postcode district. The below map shows the position of No. 5 on PENDLE LANE.