523, RED LEES ROAD, BURNLEY, BB10 4TD - £280,000

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.

523 RED LEES ROAD is a very small extended semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £405,416. It was last sold for £280,000 in July 2018, which was around 183% above the average July 2018 semi-detached price in the Burnley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

523 RED LEES ROAD Sold Prices

Land registry data shows two sales for 523 RED LEES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Burnley local authority area for the corresponding sale date. Both of the two 523 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
2018 20 JUL	£280,000	£98,892	183% above HPI
2009 6 JUL	£225,000	£91,731	145% above HPI

523 RED LEES ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Burnley local authority area over time, sourced from the HPI. The two 523 RED LEES ROAD sales from July 2009 and July 2018 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 July 2009 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the July 2018 sale, where it rises to 183% above the HPI. The line then continues to track at 183% above the HPI.

What might 523 RED LEES ROAD be worth now?

523 RED LEES ROAD might now be worth an estimated £405,416.

This is based on house price inflation of 44.8%, between July 2018 and February 2025, for semi-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 44.8% inflationary increase is applied to the most recent sale price for 523 RED LEES ROAD of £280,000 on 20th July 2018. For the value to have increased from £280,000 to £405,416 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 523 RED LEES ROAD has moved in line with the HPI for semi-detached houses in the Burnley local authority area.
• The July 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 523 RED LEES ROAD has not materially changed since July 2018.

How Large is 523 RED LEES ROAD?

523 RED LEES ROAD is 94m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of semi-detached houses houses in Cliviger, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cliviger, and where 523 RED LEES ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 523 RED LEES ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Cliviger.

523 RED LEES ROAD: Plot and Title Map

523 RED LEES ROAD sits on a plot of roughly 36.5 acres, or 147,593m². The below map shows the location of 523 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 523 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 523 RED LEES ROAD?

523 RED LEES ROAD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 523 on RED LEES ROAD.