5, COLLEGE CLOSE, PADIHAM, BURNLEY, BB12 7DR - £140,000

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

5 COLLEGE CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £140,000 in October 2013, which was around 13% above the average October 2013 detached price in the Burnley local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

5 COLLEGE CLOSE Sold Prices

Land registry data shows four sales for 5 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. Most of the four 5 COLLEGE CLOSE sales were for below 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
2013 23 OCT	£140,000	£124,408	13% above HPI
2002 31 MAY	£64,950	£75,031	13% below HPI
1999 27 AUG	£46,950	£62,031	24% below HPI
1999 26 MAR	£56,000	£57,095	2% below HPI

5 COLLEGE 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 four 5 COLLEGE CLOSE sales between March 1999 and October 2013 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 May 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 COLLEGE CLOSE?

5 COLLEGE CLOSE is 80m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 5 COLLEGE CLOSE lies on this distribution: 13% of detached houses are smaller than 5 COLLEGE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Padiham.

5 COLLEGE CLOSE: Plot and Title Map

5 COLLEGE CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 5 COLLEGE 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 5 COLLEGE 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 5 COLLEGE CLOSE?

5 COLLEGE CLOSE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 5 on COLLEGE CLOSE.