2, ORCHARD AVENUE, PADIHAM, BURNLEY, BB12 8EP - £160,000

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

2 ORCHARD AVENUE is a very small detached house of 80m². It was last sold for £160,000 in April 2021, which was around 13% below the average April 2021 detached price in the Burnley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

2 ORCHARD AVENUE Sold Prices

Land registry data shows two sales for 2 ORCHARD AVENUE 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. One of the two 2 ORCHARD AVENUE sales was for below the average price, whilst the other was 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
2021 1 APR	£160,000	£184,175	13% below HPI
2014 2 MAY	£141,000	£123,430	14% above HPI

2 ORCHARD AVENUE 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 2 ORCHARD AVENUE sales from May 2014 and April 2021 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 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 ORCHARD AVENUE?

2 ORCHARD AVENUE is 80m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 2 ORCHARD AVENUE lies on this distribution: 13% of detached houses are smaller than 2 ORCHARD AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Padiham.

2 ORCHARD AVENUE: Plot and Title Map

2 ORCHARD AVENUE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 ORCHARD AVENUE, 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 2 ORCHARD AVENUE). 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 2 ORCHARD AVENUE?

2 ORCHARD AVENUE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 2 on ORCHARD AVENUE.