25, LANCASTER DRIVE, PADIHAM, BURNLEY, BB12 7DP - £140,000

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.

25 LANCASTER DRIVE is a small extended terraced house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £163,857. It was last sold for £140,000 in September 2023, which was around 49% above the average September 2023 terraced price in the Burnley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

25 LANCASTER DRIVE Sold Prices

Land registry data shows four sales for 25 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Burnley local authority area for the corresponding sale date. All of the four 25 LANCASTER 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
2023 22 SEP	£140,000	£94,252	49% above HPI
2005 13 SEP	£81,000	£59,870	35% above HPI
2004 16 APR	£67,500	£42,258	60% above HPI
2003 1 MAY	£36,000	£33,841	6% above HPI

25 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Burnley local authority area over time, sourced from the HPI. The four 25 LANCASTER DRIVE sales between May 2003 and September 2023 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 September 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 25 LANCASTER DRIVE be worth now?

25 LANCASTER DRIVE might now be worth an estimated £163,857.

This is based on house price inflation of 17%, between September 2023 and May 2026, for terraced 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 17% inflationary increase is applied to the most recent sale price for 25 LANCASTER DRIVE of £140,000 on 22nd September 2023. For the value to have increased from £140,000 to £163,857 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 25 LANCASTER DRIVE has moved in line with the HPI for terraced houses in the Burnley local authority area.
• The September 2023 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 25 LANCASTER DRIVE has not materially changed since September 2023.

How Large is 25 LANCASTER DRIVE?

25 LANCASTER DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of terraced houses houses in Padiham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Padiham, and where 25 LANCASTER DRIVE lies on this distribution: 28% of terraced houses houses are smaller than 25 LANCASTER DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Padiham.

25 LANCASTER DRIVE: Plot and Title Map

25 LANCASTER DRIVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 25 LANCASTER 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 25 LANCASTER 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 25 LANCASTER DRIVE?

25 LANCASTER DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 25 on LANCASTER DRIVE.