18, PENNINE GROVE, PADIHAM, BURNLEY, BB12 9AB - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PENNINE GROVE is a large detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £472,970. It was last sold for £440,000 in November 2023, which was around 105% 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.

18 PENNINE GROVE Sold Prices

Land registry data shows three sales for 18 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 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	£214,192	105% above HPI
2019 31 MAY	£260,000	£165,405	57% above HPI
2005 20 JUN	£265,000	£127,055	109% above HPI

18 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 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 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the November 2023 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 18 PENNINE GROVE be worth now?

18 PENNINE GROVE might now be worth an estimated £472,970.

This is based on house price inflation of 7.5%, between November 2023 and December 2024, 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 7.5% inflationary increase is applied to the most recent sale price for 18 PENNINE GROVE of £440,000 on 24th November 2023. For the value to have increased from £440,000 to £472,970 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 18 PENNINE GROVE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The November 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PENNINE GROVE has not materially changed since November 2023.

How Large is 18 PENNINE GROVE?

18 PENNINE GROVE is 126m² according to the EPC inspection conducted in April 2023. This puts it in the largest 30% 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 18 PENNINE GROVE lies on this distribution: 73% of detached houses 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: Plot and Title Map

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.

Where is 18 PENNINE GROVE?

18 PENNINE GROVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 18 on PENNINE GROVE.