THE WATERMILL, HIGHAM HALL ROAD, HIGHAM, BURNLEY, BB12 9EZ - £270,000

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

THE WATERMILL is a small extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £270,000 in July 2019, which was around 42% above the average July 2019 detached price in the Pendle local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

THE WATERMILL Sold Prices

Land registry data shows two sales for THE WATERMILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two THE WATERMILL 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
2019 18 JUL	£270,000	£189,655	42% above HPI
1997 31 JUL	£93,000	£62,394	49% above HPI

THE WATERMILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two THE WATERMILL sales from July 1997 and July 2019 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 July 1997 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE WATERMILL?

THE WATERMILL is 110m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where THE WATERMILL lies on this distribution: 27% of detached houses are smaller than THE WATERMILL, and 73% of houses are larger. Note that EPC data is not available for all properties in Higham.

THE WATERMILL: Plot and Title Map

THE WATERMILL sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of THE WATERMILL, 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 THE WATERMILL). 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 THE WATERMILL?

THE WATERMILL is located on HIGHAM HALL ROAD in HIGHAM, in the BB12 postcode district. The below map shows the position of THE WATERMILL on HIGHAM HALL ROAD.