MONKTON RISE, HOOD HOUSE STREET, BURNLEY, BB11 4RJ - £420,000

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.

MONKTON RISE is a very large extended detached house of 453m², built sometime between 1900 and 1929, which could now be worth an estimated £520,389. It was last sold for £420,000 in March 2021, which was around 127% above the average March 2021 detached price in the Burnley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

MONKTON RISE Sold Prices

Land registry data shows two sales for MONKTON RISE 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 MONKTON RISE 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 19 MAR	£420,000	£184,945	127% above HPI
1999 1 MAR	£240,000	£58,796	308% above HPI

MONKTON RISE 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 MONKTON RISE sales from March 1999 and March 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 March 1999 sale was for 308% above the HPI. So the extrapolation line tracks at 308% above the HPI over time, until the March 2021 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.

What might MONKTON RISE be worth now?

MONKTON RISE might now be worth an estimated £520,389.

This is based on house price inflation of 23.9%, between March 2021 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 23.9% inflationary increase is applied to the most recent sale price for MONKTON RISE of £420,000 on 19th March 2021. For the value to have increased from £420,000 to £520,389 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MONKTON RISE has moved in line with the HPI for detached houses in the Burnley local authority area.
• The March 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of MONKTON RISE has not materially changed since March 2021.

How Large is MONKTON RISE?

MONKTON RISE is 453m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% 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 MONKTON RISE lies on this distribution: More than 99% of detached houses houses are smaller than MONKTON RISE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Burnley.

MONKTON RISE: Plot and Title Map

MONKTON RISE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of MONKTON RISE, 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 MONKTON RISE). 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 MONKTON RISE?

MONKTON RISE is located on HOOD HOUSE STREET in BURNLEY, in the BB11 postcode district. The below map shows the position of MONKTON RISE on HOOD HOUSE STREET.