8, THE SPINNEY, BURNLEY, BB12 0PB - £145,000

8 THE SPINNEY is a midsized detached house of 101m², built sometime between 1991 and 1995. It was last sold for £145,000 in September 2013, which was around 14% above the average September 2013 detached price in the Burnley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

8 THE SPINNEY Sold Prices

Land registry data shows four sales for 8 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the four 8 THE SPINNEY 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
2013 27 SEP	£145,000	£127,698	14% above HPI
2001 6 AUG	£86,950	£73,949	18% above HPI
1998 19 JUN	£87,950	£61,600	43% above HPI
1997 2 JUL	£76,005	£58,639	30% above HPI

8 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The four 8 THE SPINNEY sales between July 1997 and September 2013 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 August 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 THE SPINNEY?

8 THE SPINNEY is 101m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 8 THE SPINNEY lies on this distribution: 46% of detached houses are smaller than 8 THE SPINNEY, and 54% of houses are larger. Note that EPC data is not available for all properties in Burnley.

8 THE SPINNEY: Plot and Title Map

8 THE SPINNEY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 THE SPINNEY, 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 8 THE SPINNEY). 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 8 THE SPINNEY?

8 THE SPINNEY is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 8 on THE SPINNEY.