40, THE SHORTLANDS, PADIHAM, BURNLEY, BB12 8NQ - £157,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 THE SHORTLANDS is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £191,129. It was last sold for £157,000 in January 2021, which was around 33% above the average January 2021 semi-detached price in the Burnley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

40 THE SHORTLANDS Sold Prices

Land registry data shows two sales for 40 THE SHORTLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Burnley local authority area for the corresponding sale date. Both of the two 40 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 15 JAN	£157,000	£117,619	33% above HPI
2000 29 SEP	£62,495	£39,790	57% above HPI

40 THE SHORTLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Burnley local authority area over time, sourced from the HPI. The two 40 THE SHORTLANDS sales from September 2000 and January 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 September 2000 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the January 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 40 THE SHORTLANDS be worth now?

40 THE SHORTLANDS might now be worth an estimated £191,129.

This is based on house price inflation of 21.7%, between January 2021 and February 2025, for semi-detached houses, in the Burnley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 40 THE SHORTLANDS of £157,000 on 15th January 2021. For the value to have increased from £157,000 to £191,129 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 40 THE SHORTLANDS has moved in line with the HPI for semi-detached houses in the Burnley local authority area.
• The January 2021 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE SHORTLANDS has not materially changed since January 2021.

How Large is 40 THE SHORTLANDS?

40 THE SHORTLANDS is 74m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Padiham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Padiham, and where 40 THE SHORTLANDS lies on this distribution: 9% of semi-detached houses houses are smaller than 40 THE SHORTLANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Padiham.

40 THE SHORTLANDS: Plot and Title Map

40 THE SHORTLANDS sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 40 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 40 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 40 THE SHORTLANDS?

40 THE SHORTLANDS is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 40 on THE SHORTLANDS.