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 TOWN HILL BANK is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £189,950 in October 2008, which was around 31% above the average October 2008 detached price in the Burnley local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 18 TOWN HILL BANK 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 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 |
---|---|---|---|
2008 10 OCT | £189,950 | £145,346 | 31% above HPI |
2004 7 MAY | £149,500 | £100,893 | 48% above HPI |
1996 29 MAR | £91,950 | £54,389 | 69% 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 TOWN HILL BANK sales between March 1996 and October 2008 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 2004 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2008 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.
18 TOWN HILL BANK is 112m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 TOWN HILL BANK lies on this distribution: 58% of detached houses are smaller than 18 TOWN HILL BANK, and 41% of houses are larger. Note that EPC data is not available for all properties in Padiham.
18 TOWN HILL BANK sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 18 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 18 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.
18 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 18 on TOWN HILL BANK.