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
16A PENNINE GROVE is a very large detached house of 155m², built sometime from 2007 onwards. It was last sold for £360,000 in September 2020, which was around 114% above the average September 2020 detached price in the Burnley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 16A PENNINE GROVE since 1st 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. Most of the five 16A 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 |
---|---|---|---|
2020 17 SEP | £360,000 | £167,996 | 114% above HPI |
2011 29 JUL | £320,000 | £129,722 | 147% above HPI |
2009 13 NOV | £135,000 | £142,058 | 5% below HPI |
2004 9 JUL | £305,000 | £107,451 | 184% above HPI |
1997 14 APR | £140,000 | £57,840 | 142% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The five 16A PENNINE GROVE sales between April 1997 and September 2020 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 2011 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the September 2020 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.
16A PENNINE GROVE is 155m² according to the EPC inspection conducted in November 2010. This puts it in the largest 20% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 16A PENNINE GROVE lies on this distribution: 87% of detached houses are smaller than 16A PENNINE GROVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Padiham.
16A PENNINE GROVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 16A 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 16A 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.
16A PENNINE GROVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 16A on PENNINE GROVE.