16, THE RIDINGS, BURNLEY, BB12 0LD - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 THE RIDINGS is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £180,000 in November 2020, which was about the average November 2020 detached price in the Burnley local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

16 THE RIDINGS Sold Prices

Land registry data shows four sales for 16 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Burnley local authority area for the corresponding sale date. The four 16 THE RIDINGS sales were a mix of roughly equal to the average price, above the average price, and 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
2020 27 NOV	£180,000	£179,709	Close to HPI
2005 19 DEC	£151,000	£132,071	14% above HPI
2003 7 NOV	£115,000	£87,747	31% above HPI
1999 16 DEC	£64,500	£66,480	3% below HPI

16 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 four 16 THE RIDINGS sales between December 1999 and November 2020 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 December 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 THE RIDINGS?

16 THE RIDINGS is 94m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 40% of detached houses in Burnley, based on EPC data. The below chart shows the distribution of detached houses by size in Burnley, and where 16 THE RIDINGS lies on this distribution: 35% of detached houses are smaller than 16 THE RIDINGS, and 63% of houses are larger. Note that EPC data is not available for all properties in Burnley.

16 THE RIDINGS: Plot and Title Map

16 THE RIDINGS sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 16 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 16 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 16 THE RIDINGS?

16 THE RIDINGS is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 16 on THE RIDINGS.