12, THE RIDINGS, BURNLEY, BB12 0LD - £212,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 THE RIDINGS is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £212,000 in July 2008, which was around 26% above the average July 2008 detached price in the Burnley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

12 THE RIDINGS Sold Prices

Land registry data shows two sales for 12 THE RIDINGS 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 THE RIDINGS 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
2008 11 JUL	£212,000	£167,818	26% above HPI
1995 11 AUG	£73,500	£63,366	16% above HPI

12 THE RIDINGS 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 THE RIDINGS sales from August 1995 and July 2008 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 1995 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2008 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 12 THE RIDINGS be worth now?

12 THE RIDINGS might now be worth an estimated £290,859.

This is based on house price inflation of 37.2%, between July 2008 and December 2024, 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 37.2% inflationary increase is applied to the most recent sale price for 12 THE RIDINGS of £212,000 on 11th July 2008. For the value to have increased from £212,000 to £290,859 over the fifteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 THE RIDINGS has moved in line with the HPI for detached houses in the Burnley local authority area.
• The July 2008 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE RIDINGS has not materially changed since July 2008.

How Large is 12 THE RIDINGS?

12 THE RIDINGS is 94m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnley, and where 12 THE RIDINGS lies on this distribution: 35% of detached houses houses are smaller than 12 THE RIDINGS, and 63% of houses are larger. Note that EPC data is not available for all properties in Burnley.

12 THE RIDINGS: Plot and Title Map

12 THE RIDINGS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

12 THE RIDINGS is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 12 on THE RIDINGS.