12, RIVER DRIVE, PADIHAM, BURNLEY, BB12 8SE - £165,000

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

12 RIVER DRIVE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £165,000 in November 2009, which was around 16% above the average November 2009 detached price in the Burnley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

12 RIVER DRIVE Sold Prices

Land registry data shows two sales for 12 RIVER 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 Burnley local authority area for the corresponding sale date. Both of the two 12 RIVER 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
2009 26 NOV	£165,000	£142,058	16% above HPI
2004 20 AUG	£130,000	£109,230	19% above HPI

12 RIVER DRIVE 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 12 RIVER DRIVE sales from August 2004 and November 2009 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 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2009 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 RIVER DRIVE?

12 RIVER DRIVE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 12 RIVER DRIVE lies on this distribution: 47% of detached houses are smaller than 12 RIVER DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Padiham.

12 RIVER DRIVE: Plot and Title Map

12 RIVER DRIVE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 12 RIVER 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 12 RIVER 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 12 RIVER DRIVE?

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