12, PENNINE GROVE, PADIHAM, BURNLEY, BB12 9AB - £320,000

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.

12 PENNINE GROVE is a very large extended detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £451,693. It was last sold for £320,000 in October 2018, which was around 97% above the average October 2018 detached price in the Burnley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

12 PENNINE GROVE Sold Prices

Land registry data shows three sales for 12 PENNINE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the three 12 PENNINE GROVE 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
2018 3 OCT	£320,000	£162,341	97% above HPI
2010 14 OCT	£336,500	£142,030	137% above HPI
1999 4 NOV	£162,000	£70,423	130% above HPI

12 PENNINE GROVE 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 three 12 PENNINE GROVE sales between November 1999 and October 2018 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 2010 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the October 2018 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 12 PENNINE GROVE be worth now?

12 PENNINE GROVE might now be worth an estimated £451,693.

This is based on house price inflation of 41.2%, between October 2018 and February 2025, for detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.2% inflationary increase is applied to the most recent sale price for 12 PENNINE GROVE of £320,000 on 3rd October 2018. For the value to have increased from £320,000 to £451,693 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 PENNINE GROVE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The October 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PENNINE GROVE has not materially changed since October 2018.

How Large is 12 PENNINE GROVE?

12 PENNINE GROVE is 142m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Padiham, and where 12 PENNINE GROVE lies on this distribution: 83% of detached houses houses are smaller than 12 PENNINE GROVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Padiham.

12 PENNINE GROVE: Plot and Title Map

12 PENNINE GROVE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 12 PENNINE GROVE, 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 12 PENNINE GROVE). 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 12 PENNINE GROVE?

12 PENNINE GROVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 12 on PENNINE GROVE.