Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
86 CAMBRIDGE DRIVE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £123,000 in January 2018, which was around 14% below the average January 2018 detached price in the Burnley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 86 CAMBRIDGE DRIVE since 1st 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. One of the three 86 CAMBRIDGE DRIVE sales was for below the average price, whilst two 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 |
---|---|---|---|
2018 15 JAN | £123,000 | £143,648 | 14% below HPI |
2004 30 APR | £119,500 | £97,199 | 23% above HPI |
2003 28 MAY | £110,000 | £84,072 | 31% above HPI |
The below graph shows the average detached house price in the Burnley local authority area over time, sourced from the HPI. The three 86 CAMBRIDGE DRIVE sales between May 2003 and January 2018 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 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
86 CAMBRIDGE DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Padiham, based on EPC data. The below chart shows the distribution of detached houses by size in Padiham, and where 86 CAMBRIDGE DRIVE lies on this distribution: 27% of detached houses are smaller than 86 CAMBRIDGE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Padiham.
86 CAMBRIDGE DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 86 CAMBRIDGE DRIVE, 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 86 CAMBRIDGE DRIVE). 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.
86 CAMBRIDGE DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 86 on CAMBRIDGE DRIVE.