3, BANKCROFT CLOSE, PADIHAM, BURNLEY, BB12 8SQ - £314,000

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

3 BANKCROFT CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £314,000 in November 2022, which was around 45% above the average November 2022 detached price in the Burnley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

3 BANKCROFT CLOSE Sold Prices

Land registry data shows two sales for 3 BANKCROFT CLOSE 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 3 BANKCROFT CLOSE 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
2022 18 NOV	£314,000	£217,167	45% above HPI
2018 3 AUG	£180,000	£156,922	15% above HPI

3 BANKCROFT CLOSE 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 3 BANKCROFT CLOSE sales from August 2018 and November 2022 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 August 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 BANKCROFT CLOSE?

3 BANKCROFT CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 3 BANKCROFT CLOSE lies on this distribution: 29% of detached houses are smaller than 3 BANKCROFT CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Padiham.

3 BANKCROFT CLOSE: Plot and Title Map

3 BANKCROFT CLOSE sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 3 BANKCROFT CLOSE, 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 3 BANKCROFT CLOSE). 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 3 BANKCROFT CLOSE?

3 BANKCROFT CLOSE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 3 on BANKCROFT CLOSE.