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
18 PENNINE GROVE is a large detached house of 126m², built sometime between 1967 and 1975. It was last sold for £440,000 in November 2023, which was around 113% above the average November 2023 detached price in the Burnley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 18 PENNINE GROVE since 1st 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 18 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 |
---|---|---|---|
2023 24 NOV | £440,000 | £206,747 | 113% above HPI |
2019 31 MAY | £260,000 | £160,621 | 62% above HPI |
2005 20 JUN | £265,000 | £123,381 | 115% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The three 18 PENNINE GROVE sales between June 2005 and November 2023 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 May 2019 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2023 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.
18 PENNINE GROVE is 126m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 18 PENNINE GROVE lies on this distribution: 73% of detached houses are smaller than 18 PENNINE GROVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Padiham.
18 PENNINE GROVE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 18 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 18 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.
18 PENNINE GROVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 18 on PENNINE GROVE.