7, COLLEGE CLOSE, PADIHAM, BURNLEY, BB12 7DR - £240,000

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

7 COLLEGE CLOSE is a very large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £240,000 in February 2021, which was around 33% above the average February 2021 detached price in the Burnley local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

7 COLLEGE CLOSE Sold Prices

Land registry data shows five sales for 7 COLLEGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the five 7 COLLEGE 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
2021 26 FEB	£240,000	£180,897	33% above HPI
2016 25 NOV	£178,000	£142,637	25% above HPI
2016 21 OCT	£183,750	£143,659	28% above HPI
2006 16 JUN	£182,000	£136,716	33% above HPI
2001 2 NOV	£110,000	£68,772	60% above HPI

7 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 five 7 COLLEGE CLOSE sales between November 2001 and February 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 November 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 7 COLLEGE CLOSE?

7 COLLEGE CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 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 7 COLLEGE CLOSE lies on this distribution: 83% of detached houses are smaller than 7 COLLEGE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Padiham.

7 COLLEGE CLOSE: Plot and Title Map

7 COLLEGE CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 7 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 7 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 7 COLLEGE CLOSE?

7 COLLEGE CLOSE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 7 on COLLEGE CLOSE.