14, RED SPAR ROAD, BURNLEY, BB10 2EE - £169,000

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.

14 RED SPAR ROAD is a very small semi-detached house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £192,459. It was last sold for £169,000 in February 2022, which was around 26% above the average February 2022 semi-detached price in the Burnley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

14 RED SPAR ROAD Sold Prices

Land registry data shows two sales for 14 RED SPAR 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 14 RED SPAR 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
2022 7 FEB	£169,000	£134,416	26% above HPI
1999 21 JUN	£47,500	£39,492	20% above HPI

14 RED SPAR 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 14 RED SPAR ROAD sales from June 1999 and February 2022 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 June 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 14 RED SPAR ROAD be worth now?

14 RED SPAR ROAD might now be worth an estimated £192,459.

This is based on house price inflation of 13.9%, between February 2022 and May 2026, 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 13.9% inflationary increase is applied to the most recent sale price for 14 RED SPAR ROAD of £169,000 on 7th February 2022. For the value to have increased from £169,000 to £192,459 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 14 RED SPAR ROAD has moved in line with the HPI for semi-detached houses in the Burnley local authority area.
• The February 2022 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RED SPAR ROAD has not materially changed since February 2022.

How Large is 14 RED SPAR ROAD?

14 RED SPAR ROAD is 61m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Burnley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burnley, and where 14 RED SPAR ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 14 RED SPAR ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Burnley.

14 RED SPAR ROAD: Plot and Title Map

14 RED SPAR ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 14 RED SPAR 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 14 RED SPAR 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 14 RED SPAR ROAD?

14 RED SPAR ROAD is located in BURNLEY, in the BB10 postcode district. The below map shows the position of No. 14 on RED SPAR ROAD.