7, TOWN HILL BANK, PADIHAM, BURNLEY, BB12 8DH - £181,000

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.

7 TOWN HILL BANK is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £298,681. It was last sold for £181,000 in July 2014, which was around 30% above the average July 2014 detached price in the Burnley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

7 TOWN HILL BANK Sold Prices

Land registry data shows three sales for 7 TOWN HILL BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. All of the three 7 TOWN HILL BANK 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
2014 11 JUL	£181,000	£138,865	30% above HPI
2002 31 OCT	£109,000	£71,234	53% above HPI
1996 1 OCT	£79,950	£63,716	25% above HPI

7 TOWN HILL BANK 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 three 7 TOWN HILL BANK sales between October 1996 and July 2014 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 October 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 7 TOWN HILL BANK be worth now?

7 TOWN HILL BANK might now be worth an estimated £298,681.

This is based on house price inflation of 65%, between July 2014 and February 2025, 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 65% inflationary increase is applied to the most recent sale price for 7 TOWN HILL BANK of £181,000 on 11th July 2014. For the value to have increased from £181,000 to £298,681 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 7 TOWN HILL BANK has moved in line with the HPI for detached houses in the Burnley local authority area.
• The July 2014 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TOWN HILL BANK has not materially changed since July 2014.

How Large is 7 TOWN HILL BANK?

7 TOWN HILL BANK is 114m² according to the EPC inspection conducted in May 2010. This puts it in the largest 40% 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 TOWN HILL BANK lies on this distribution: 61% of detached houses houses are smaller than 7 TOWN HILL BANK, and 39% of houses are larger. Note that EPC data is not available for all properties in Padiham.

7 TOWN HILL BANK: Plot and Title Map

7 TOWN HILL BANK sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7 TOWN HILL BANK, 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 TOWN HILL BANK). 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 TOWN HILL BANK?

7 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 7 on TOWN HILL BANK.