1, FOUR ACRE, MELLOR, BLACKBURN, BB2 7ES - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FOUR ACRE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £175,000 in August 2004, which was around 28% below the average August 2004 detached price in the Ribble Valley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

1 FOUR ACRE Sold Prices

Land registry data shows two sales for 1 FOUR ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 1 FOUR ACRE sales were for below 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
2004 17 AUG	£175,000	£243,162	28% below HPI
2000 19 DEC	£76,000	£129,713	41% below HPI

1 FOUR ACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 1 FOUR ACRE sales from December 2000 and August 2004 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 December 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2004 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 FOUR ACRE?

1 FOUR ACRE is 76m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Mellor, based on EPC data. The below chart shows the distribution of detached houses by size in Mellor, and where 1 FOUR ACRE lies on this distribution: 11% of detached houses are smaller than 1 FOUR ACRE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mellor.

1 FOUR ACRE: Plot and Title Map

1 FOUR ACRE sits on a plot of roughly 0.499 of an acre, or 2,018m². The below map shows the location of 1 FOUR ACRE, 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 1 FOUR ACRE). 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 1 FOUR ACRE?

1 FOUR ACRE is located in MELLOR, in the BB2 postcode district. The below map shows the position of No. 1 on FOUR ACRE.