5, THE SHORTLANDS, PADIHAM, BURNLEY, BB12 8NQ - £154,000

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 THE SHORTLANDS is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £154,000 in July 2017, which was around 1% above the average July 2017 detached price in the Burnley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

5 THE SHORTLANDS Sold Prices

Land registry data shows four sales for 5 THE SHORTLANDS 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. All of the four 5 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
2017 4 JUL	£154,000	£152,129	1% above HPI
2002 12 APR	£82,000	£70,502	16% above HPI
2001 4 MAY	£78,000	£62,324	25% above HPI
2000 25 AUG	£74,995	£66,547	13% above HPI

5 THE SHORTLANDS 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 THE SHORTLANDS sales between August 2000 and July 2017 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 April 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 THE SHORTLANDS?

5 THE SHORTLANDS is 68m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 THE SHORTLANDS lies on this distribution: 5% of detached houses are smaller than 5 THE SHORTLANDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Padiham.

5 THE SHORTLANDS: Plot and Title Map

5 THE SHORTLANDS sits on a plot of roughly 0.349 of an acre, or 1,413m². The below map shows the location of 5 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 5 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 5 THE SHORTLANDS?

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