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
31 TOWN HILL BANK is a large detached house of 119m², built sometime between 1996 and 2002. It was last sold for £195,000 in March 2016, which was around 47% above the average March 2016 detached price in the Burnley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 31 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 31 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 |
---|---|---|---|
2016 18 MAR | £195,000 | £132,581 | 47% above HPI |
2000 31 AUG | £95,000 | £66,547 | 43% above HPI |
1996 21 JUN | £91,950 | £56,572 | 63% 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 31 TOWN HILL BANK sales between June 1996 and March 2016 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 2000 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2016 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
31 TOWN HILL BANK is 119m² according to the EPC inspection conducted in July 2016. 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 31 TOWN HILL BANK lies on this distribution: 65% of detached houses are smaller than 31 TOWN HILL BANK, and 34% of houses are larger. Note that EPC data is not available for all properties in Padiham.
31 TOWN HILL BANK sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 31 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 31 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.
31 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 31 on TOWN HILL BANK.