14, PENNINE GROVE, PADIHAM, BURNLEY, BB12 9AB - £590,000

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.

14 PENNINE GROVE is a very large extended detached house of 265m², built sometime between 1967 and 1975, which could now be worth an estimated £681,842. It was last sold for £590,000 in August 2021, which was around 198% above the average August 2021 detached price in the Burnley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

14 PENNINE GROVE Sold Prices

Land registry data shows three sales for 14 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 14 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
2021 18 AUG	£590,000	£198,285	198% above HPI
2017 6 JUL	£420,000	£156,659	168% above HPI
2006 10 NOV	£355,000	£157,372	126% above HPI

14 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 14 PENNINE GROVE sales between November 2006 and August 2021 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 July 2017 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the August 2021 sale, where it rises to 198% above the HPI. The line then continues to track at 198% above the HPI.

What might 14 PENNINE GROVE be worth now?

14 PENNINE GROVE might now be worth an estimated £681,842.

This is based on house price inflation of 15.6%, between August 2021 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 15.6% inflationary increase is applied to the most recent sale price for 14 PENNINE GROVE of £590,000 on 18th August 2021. For the value to have increased from £590,000 to £681,842 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 14 PENNINE GROVE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The August 2021 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PENNINE GROVE has not materially changed since August 2021.

How Large is 14 PENNINE GROVE?

14 PENNINE GROVE is 265m², which includes four extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 14 PENNINE GROVE lies on this distribution: 97% of detached houses houses are smaller than 14 PENNINE GROVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Padiham.

14 PENNINE GROVE: Plot and Title Map

14 PENNINE GROVE sits on a plot of roughly 0.371 of an acre, or 1,500m². The below map shows the location of 14 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 14 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 14 PENNINE GROVE?

14 PENNINE GROVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 14 on PENNINE GROVE.