8, TOWN HILL BANK, PADIHAM, BURNLEY, BB12 8DH - £183,750

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

8 TOWN HILL BANK is a midsized extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £183,750 in June 2021, which was around 4% below the average June 2021 detached price in the Burnley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

8 TOWN HILL BANK Sold Prices

Land registry data shows two sales for 8 TOWN HILL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. One of the two 8 TOWN HILL BANK sales was for below the average price, whilst the other was roughly equal to 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 11 JUN	£183,750	£190,427	4% below HPI
2021 26 MAR	£180,000	£179,596	Close to HPI

8 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 two 8 TOWN HILL BANK sales from March 2021 and June 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 March 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 TOWN HILL BANK?

8 TOWN HILL BANK is 102m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 8 TOWN HILL BANK lies on this distribution: 40% of detached houses are smaller than 8 TOWN HILL BANK, and 60% of houses are larger. Note that EPC data is not available for all properties in Padiham.

8 TOWN HILL BANK: Plot and Title Map

8 TOWN HILL BANK sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 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 8 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 8 TOWN HILL BANK?

8 TOWN HILL BANK is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 8 on TOWN HILL BANK.