62, REEDLEY DRIVE, BURNLEY, BB10 2QS - £295,000

62 REEDLEY DRIVE is a very large detached house of 163m², built sometime between 1983 and 1990. It was last sold for £295,000 in November 2023, which was around 17% above the average November 2023 detached price in the Pendle local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

62 REEDLEY DRIVE Sold Prices

Land registry data shows two sales for 62 REEDLEY 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 Pendle local authority area for the corresponding sale date. Both of the two 62 REEDLEY DRIVE 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 10 NOV	£295,000	£252,653	17% above HPI
1998 12 JUN	£144,000	£66,352	117% above HPI

62 REEDLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 62 REEDLEY DRIVE sales from June 1998 and November 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 1998 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the November 2023 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 62 REEDLEY DRIVE?

62 REEDLEY DRIVE is 163m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses by size in Brierfield, and where 62 REEDLEY DRIVE lies on this distribution: 86% of detached houses are smaller than 62 REEDLEY DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

62 REEDLEY DRIVE: Plot and Title Map

62 REEDLEY DRIVE sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 62 REEDLEY 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 62 REEDLEY 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 62 REEDLEY DRIVE?

62 REEDLEY DRIVE is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 62 on REEDLEY DRIVE.