6, THE RIDINGS, BURNLEY, BB12 0LD - £215,000

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.

6 THE RIDINGS is a large detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £303,481. It was last sold for £215,000 in October 2018, which was around 32% above the average October 2018 detached price in the Burnley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

6 THE RIDINGS Sold Prices

Land registry data shows two sales for 6 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 6 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
2018 12 OCT	£215,000	£162,341	32% above HPI
2014 28 NOV	£185,000	£133,184	39% above HPI

6 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 6 THE RIDINGS sales from November 2014 and October 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 November 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2018 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 6 THE RIDINGS be worth now?

6 THE RIDINGS might now be worth an estimated £303,481.

This is based on house price inflation of 41.2%, between October 2018 and February 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 41.2% inflationary increase is applied to the most recent sale price for 6 THE RIDINGS of £215,000 on 12th October 2018. For the value to have increased from £215,000 to £303,481 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 THE RIDINGS has moved in line with the HPI for detached houses in the Burnley local authority area.
• The October 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE RIDINGS has not materially changed since October 2018.

How Large is 6 THE RIDINGS?

6 THE RIDINGS is 119m² according to the EPC inspection conducted in June 2014. This puts it in the largest 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 6 THE RIDINGS lies on this distribution: 69% of detached houses houses are smaller than 6 THE RIDINGS, and 30% of houses are larger. Note that EPC data is not available for all properties in Burnley.

6 THE RIDINGS: Plot and Title Map

6 THE RIDINGS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 6 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 6 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 6 THE RIDINGS?

6 THE RIDINGS is located in BURNLEY, in the BB12 postcode district. The below map shows the position of No. 6 on THE RIDINGS.