4, THE RIDINGS, BURNLEY, BB12 0LD - £270,000

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.

4 THE RIDINGS is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £306,904. It was last sold for £270,000 in August 2021, which was around 36% above the average August 2021 detached price in the Burnley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

4 THE RIDINGS Sold Prices

Land registry data shows two sales for 4 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 4 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
2021 31 AUG	£270,000	£198,285	36% above HPI
2001 23 FEB	£83,500	£66,949	25% above HPI

4 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 4 THE RIDINGS sales from February 2001 and August 2021 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 February 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 4 THE RIDINGS be worth now?

4 THE RIDINGS might now be worth an estimated £306,904.

This is based on house price inflation of 13.7%, between August 2021 and March 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 4 THE RIDINGS of £270,000 on 31st August 2021. For the value to have increased from £270,000 to £306,904 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 4 THE RIDINGS has moved in line with the HPI for detached houses in the Burnley local authority area.
• The August 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE RIDINGS has not materially changed since August 2021.

How Large is 4 THE RIDINGS?

4 THE RIDINGS is 120m² according to the EPC inspection conducted in March 2021. This puts it in the largest 30% 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 4 THE RIDINGS lies on this distribution: 70% of detached houses houses are smaller than 4 THE RIDINGS, and 29% of houses are larger. Note that EPC data is not available for all properties in Burnley.

4 THE RIDINGS: Plot and Title Map

4 THE RIDINGS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 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 4 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 4 THE RIDINGS?

4 THE RIDINGS is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 4 on THE RIDINGS.