38, CAMBRIDGE DRIVE, PADIHAM, BURNLEY, BB12 7DA - £107,500

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.

38 CAMBRIDGE DRIVE is a very small extended terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £118,250. It was last sold for £107,500 in July 2024, which was around 7% above the average July 2024 terraced price in the Burnley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

38 CAMBRIDGE DRIVE Sold Prices

Land registry data shows three sales for 38 CAMBRIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Burnley local authority area for the corresponding sale date. One of the three 38 CAMBRIDGE DRIVE sales was for above the average price, whilst two were for below 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
2024 31 JUL	£107,500	£100,057	7% above HPI
2004 29 OCT	£45,000	£50,729	11% below HPI
2004 28 MAY	£43,000	£44,747	4% below HPI

38 CAMBRIDGE 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 three 38 CAMBRIDGE DRIVE sales between May 2004 and July 2024 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 October 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 38 CAMBRIDGE DRIVE be worth now?

38 CAMBRIDGE DRIVE might now be worth an estimated £118,250.

This is based on house price inflation of 10%, between July 2024 and April 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 10% inflationary increase is applied to the most recent sale price for 38 CAMBRIDGE DRIVE of £107,500 on 31st July 2024. For the value to have increased from £107,500 to £118,250 over the two years and three months to April 2026, the following assumptions must hold true:

• The value of 38 CAMBRIDGE DRIVE has moved in line with the HPI for terraced houses in the Burnley local authority area.
• The July 2024 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CAMBRIDGE DRIVE has not materially changed since July 2024.

How Large is 38 CAMBRIDGE DRIVE?

38 CAMBRIDGE DRIVE is 77m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% 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 38 CAMBRIDGE DRIVE lies on this distribution: 9% of terraced houses houses are smaller than 38 CAMBRIDGE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Padiham.

38 CAMBRIDGE DRIVE: Plot and Title Map

38 CAMBRIDGE DRIVE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 38 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 38 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.

Where is 38 CAMBRIDGE DRIVE?

38 CAMBRIDGE DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 38 on CAMBRIDGE DRIVE.