18, SOUTH DRIVE, PADIHAM, BURNLEY, BB12 8SH - £196,000

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

18 SOUTH DRIVE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £196,000 in June 2015, which was around 46% above the average June 2015 detached price in the Burnley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

18 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 18 SOUTH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Both of the two 18 SOUTH DRIVE 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
2015 19 JUN	£196,000	£134,287	46% above HPI
2010 29 OCT	£145,000	£137,922	5% above HPI

18 SOUTH 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 two 18 SOUTH DRIVE sales from October 2010 and June 2015 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 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2015 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 18 SOUTH DRIVE?

18 SOUTH DRIVE is 133m², which includes two extensions, according to the EPC inspection conducted in February 2010. 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 SOUTH DRIVE lies on this distribution: 78% of detached houses are smaller than 18 SOUTH DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Padiham.

18 SOUTH DRIVE: Plot and Title Map

18 SOUTH DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 18 SOUTH 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 18 SOUTH 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 18 SOUTH DRIVE?

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