334, RED LEES ROAD, BURNLEY, BB10 4RQ - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

334 RED LEES ROAD is a very large extended detached house of 232m², built sometime between 1930 and 1949. It was last sold for £485,000 in September 2015, which was around 280% above the average September 2015 detached price in the Burnley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

334 RED LEES ROAD Sold Prices

Land registry data shows two sales for 334 RED LEES ROAD 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 334 RED LEES ROAD 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
2015 23 SEP	£485,000	£127,670	280% above HPI
1999 29 NOV	£197,000	£68,386	188% above HPI

334 RED LEES ROAD 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 334 RED LEES ROAD sales from November 1999 and September 2015 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 November 1999 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the September 2015 sale, where it rises to 280% above the HPI. The line then continues to track at 280% above the HPI.

How Large is 334 RED LEES ROAD?

334 RED LEES ROAD is 232m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Cliviger, based on EPC data. The below chart shows the distribution of detached houses by size in Cliviger, and where 334 RED LEES ROAD lies on this distribution: 89% of detached houses are smaller than 334 RED LEES ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Cliviger.

334 RED LEES ROAD: Plot and Title Map

334 RED LEES ROAD sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of 334 RED LEES ROAD, 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 334 RED LEES ROAD). 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 334 RED LEES ROAD?

334 RED LEES ROAD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 334 on RED LEES ROAD.