44, RIVER DRIVE, PADIHAM, BURNLEY, BB12 8SE - £175,000

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.

44 RIVER DRIVE is a very small terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £290,970. It was last sold for £175,000 in March 2017, which was around 164% above the average March 2017 terraced price in the Burnley local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

44 RIVER DRIVE Sold Prices

Land registry data shows three sales for 44 RIVER 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. All of the three 44 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
2017 1 MAR	£175,000	£66,196	164% above HPI
2015 1 MAY	£152,500	£62,910	142% above HPI
2003 31 JUL	£135,950	£36,073	277% above HPI

44 RIVER 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 44 RIVER DRIVE sales between July 2003 and March 2017 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 May 2015 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the March 2017 sale, where it rises to 164% above the HPI. The line then continues to track at 164% above the HPI.

What might 44 RIVER DRIVE be worth now?

44 RIVER DRIVE might now be worth an estimated £290,970.

This is based on house price inflation of 66.3%, between March 2017 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 66.3% inflationary increase is applied to the most recent sale price for 44 RIVER DRIVE of £175,000 on 1st March 2017. For the value to have increased from £175,000 to £290,970 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 44 RIVER DRIVE has moved in line with the HPI for terraced houses in the Burnley local authority area.
• The March 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 44 RIVER DRIVE has not materially changed since March 2017.

How Large is 44 RIVER DRIVE?

44 RIVER DRIVE is 79m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 44 RIVER DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 44 RIVER DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Padiham.

44 RIVER DRIVE: Plot and Title Map

44 RIVER DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 44 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 44 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 44 RIVER DRIVE?

44 RIVER DRIVE is located in PADIHAM, in the BB12 postcode district. The below map shows the position of No. 44 on RIVER DRIVE.