11, THE SHORTLANDS, PADIHAM, BURNLEY, BB12 8NQ - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 THE SHORTLANDS is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £215,000 in March 2023, which was around 4% above the average March 2023 detached price in the Burnley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

11 THE SHORTLANDS Sold Prices

Land registry data shows two sales for 11 THE SHORTLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Both of the two 11 THE SHORTLANDS 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 21 MAR	£215,000	£206,133	4% above HPI
2000 23 AUG	£78,995	£66,547	19% above HPI

11 THE SHORTLANDS 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 two 11 THE SHORTLANDS sales from August 2000 and March 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 August 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 11 THE SHORTLANDS?

11 THE SHORTLANDS is 96m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 11 THE SHORTLANDS lies on this distribution: 33% of detached houses are smaller than 11 THE SHORTLANDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Padiham.

11 THE SHORTLANDS: Plot and Title Map

11 THE SHORTLANDS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 11 THE SHORTLANDS, 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 11 THE SHORTLANDS). 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 11 THE SHORTLANDS?

11 THE SHORTLANDS is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 11 on THE SHORTLANDS.