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
28 TOWN HILL BANK is a large extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £157,000 in August 2014, which was around 15% above the average August 2014 detached price in the Burnley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 28 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 28 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 |
---|---|---|---|
2014 1 AUG | £157,000 | £136,180 | 15% above HPI |
1998 24 SEP | £74,000 | £66,750 | 11% above HPI |
1996 23 AUG | £70,000 | £60,567 | 16% 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 28 TOWN HILL BANK sales between August 1996 and August 2014 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 September 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
28 TOWN HILL BANK is 122m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 28 TOWN HILL BANK lies on this distribution: 68% of detached houses are smaller than 28 TOWN HILL BANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Padiham.
28 TOWN HILL BANK sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 28 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 28 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.
28 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 28 on TOWN HILL BANK.