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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 COLLEGE CLOSE is a very large extended detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £296,632. It was last sold for £240,000 in February 2021, which was around 29% 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	£186,285	29% above HPI
2016 25 NOV	£178,000	£146,886	21% above HPI
2016 21 OCT	£183,750	£147,938	24% above HPI
2006 16 JUN	£182,000	£140,788	29% above HPI
2001 2 NOV	£110,000	£70,821	55% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 7 COLLEGE CLOSE be worth now?

7 COLLEGE CLOSE might now be worth an estimated £296,632.

This is based on house price inflation of 23.6%, between February 2021 and December 2024, for 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 23.6% inflationary increase is applied to the most recent sale price for 7 COLLEGE CLOSE of £240,000 on 26th February 2021. For the value to have increased from £240,000 to £296,632 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 7 COLLEGE CLOSE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The February 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COLLEGE CLOSE has not materially changed since February 2021.

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 houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Padiham, and where 7 COLLEGE CLOSE lies on this distribution: 83% of detached houses 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.