12, RIVER DRIVE, PADIHAM, BURNLEY, BB12 8SE - £165,000

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.

12 RIVER DRIVE is a midsized extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £268,551. It was last sold for £165,000 in November 2009, which was around 13% above the average November 2009 detached price in the Burnley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

12 RIVER DRIVE Sold Prices

Land registry data shows two sales for 12 RIVER DRIVE 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. Both of the two 12 RIVER DRIVE 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
2009 26 NOV	£165,000	£146,289	13% above HPI
2004 20 AUG	£130,000	£112,483	16% above HPI

12 RIVER DRIVE 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 12 RIVER DRIVE sales from August 2004 and November 2009 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 August 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2009 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 RIVER DRIVE be worth now?

12 RIVER DRIVE might now be worth an estimated £268,551.

This is based on house price inflation of 62.8%, between November 2009 and May 2026, 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 62.8% inflationary increase is applied to the most recent sale price for 12 RIVER DRIVE of £165,000 on 26th November 2009. For the value to have increased from £165,000 to £268,551 over the seventeen years and six months to May 2026, the following assumptions must hold true:

• The value of 12 RIVER DRIVE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The November 2009 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RIVER DRIVE has not materially changed since November 2009.

How Large is 12 RIVER DRIVE?

12 RIVER DRIVE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% 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 12 RIVER DRIVE lies on this distribution: 49% of detached houses houses are smaller than 12 RIVER DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Padiham.

12 RIVER DRIVE: Plot and Title Map

12 RIVER DRIVE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 12 RIVER 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 12 RIVER 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.

Where is 12 RIVER DRIVE?

12 RIVER DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 12 on RIVER DRIVE.