16, TOWN HILL BANK, PADIHAM, BURNLEY, BB12 8DH - £197,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 TOWN HILL BANK is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £197,500 in November 2019, which was around 23% above the average November 2019 detached price in the Burnley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

16 TOWN HILL BANK Sold Prices

Land registry data shows three sales for 16 TOWN HILL BANK 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 16 TOWN HILL BANK 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
2019 6 NOV	£197,500	£160,933	23% above HPI
2006 25 OCT	£177,000	£150,741	17% above HPI
1997 17 MAY	£72,950	£58,698	24% above HPI

16 TOWN HILL BANK 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 16 TOWN HILL BANK sales between May 1997 and November 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 October 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 16 TOWN HILL BANK?

16 TOWN HILL BANK is 90m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 16 TOWN HILL BANK lies on this distribution: 25% of detached houses are smaller than 16 TOWN HILL BANK, and 75% of houses are larger. Note that EPC data is not available for all properties in Padiham.

16 TOWN HILL BANK: Plot and Title Map

16 TOWN HILL BANK sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 16 TOWN HILL BANK, 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 16 TOWN HILL BANK). 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 16 TOWN HILL BANK?

16 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 16 on TOWN HILL BANK.