157, LANCASTER DRIVE, PADIHAM, BURNLEY, BB12 7DU - £130,000

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

157 LANCASTER DRIVE is a very small semi-detached house of 74m², built sometime between 1967 and 1975. It was last sold for £130,000 in July 2019, which was around 17% below the average July 2019 detached price in the Burnley local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

157 LANCASTER DRIVE Sold Prices

Land registry data shows five sales for 157 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the five 157 LANCASTER DRIVE sales were for below 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
2019 12 JUL	£130,000	£157,396	17% below HPI
2012 27 JUL	£105,000	£122,696	14% below HPI
2010 9 APR	£125,000	£145,301	14% below HPI
2002 30 AUG	£55,000	£66,683	18% below HPI
1996 22 NOV	£38,000	£60,016	37% below HPI

157 LANCASTER 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 five 157 LANCASTER DRIVE sales between November 1996 and July 2019 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 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 157 LANCASTER DRIVE?

157 LANCASTER DRIVE is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 157 LANCASTER DRIVE lies on this distribution: 9% of detached houses are smaller than 157 LANCASTER DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Padiham.

157 LANCASTER DRIVE: Plot and Title Map

157 LANCASTER DRIVE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 157 LANCASTER 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 157 LANCASTER 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 157 LANCASTER DRIVE?

157 LANCASTER DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 157 on LANCASTER DRIVE.