1, PETREL CLOSE, BLACKBURN, BB1 8LF - £149,600

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PETREL CLOSE is a very small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £149,600 in April 2015, which was around 11% below the average April 2015 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 PETREL CLOSE Sold Prices

Land registry data shows four sales for 1 PETREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. The four 1 PETREL CLOSE sales were a mix of below the average price, and roughly equal to 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
2015 17 APR	£149,600	£168,391	11% below HPI
2005 16 SEP	£141,000	£162,632	13% below HPI
2002 28 MAR	£73,500	£84,552	13% below HPI
1995 8 DEC	£64,950	£64,684	Close to HPI

1 PETREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The four 1 PETREL CLOSE sales between December 1995 and April 2015 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 September 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 PETREL CLOSE?

1 PETREL CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 1 PETREL CLOSE lies on this distribution: 7% of detached houses are smaller than 1 PETREL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

1 PETREL CLOSE: Plot and Title Map

1 PETREL CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 1 PETREL CLOSE, 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 PETREL CLOSE). 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 PETREL CLOSE?

1 PETREL CLOSE is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 1 on PETREL CLOSE.