22, THE SHORTLANDS, PADIHAM, BURNLEY, BB12 8NQ - £215,000

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

22 THE SHORTLANDS is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £215,000 in February 2021, which was around 19% above the average February 2021 detached price in the Burnley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

22 THE SHORTLANDS Sold Prices

Land registry data shows three sales for 22 THE SHORTLANDS 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 22 THE SHORTLANDS 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
2021 26 FEB	£215,000	£180,897	19% above HPI
2005 18 MAR	£165,000	£109,191	51% above HPI
2001 22 JUN	£89,995	£67,086	34% above HPI

22 THE SHORTLANDS 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 22 THE SHORTLANDS sales between June 2001 and February 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 March 2005 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 22 THE SHORTLANDS?

22 THE SHORTLANDS is 107m² according to the EPC inspection conducted in July 2020. 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 22 THE SHORTLANDS lies on this distribution: 50% of detached houses are smaller than 22 THE SHORTLANDS, and 47% of houses are larger. Note that EPC data is not available for all properties in Padiham.

22 THE SHORTLANDS: Plot and Title Map

22 THE SHORTLANDS sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 22 THE SHORTLANDS, 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 22 THE SHORTLANDS). 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 22 THE SHORTLANDS?

22 THE SHORTLANDS is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 22 on THE SHORTLANDS.