11, PARKES WAY, BLACKBURN, BB2 4FH - £179,000

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

11 PARKES WAY is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £179,000 in January 2016, which was around 1% below the average January 2016 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

11 PARKES WAY Sold Prices

Land registry data shows three sales for 11 PARKES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. Two of the three 11 PARKES WAY sales were for below the average price, whilst one was 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
2016 21 JAN	£179,000	£180,537	1% below HPI
2011 19 DEC	£169,000	£175,372	4% below HPI
2003 31 OCT	£143,495	£109,832	31% above HPI

11 PARKES WAY 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 three 11 PARKES WAY sales between October 2003 and January 2016 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 11 PARKES WAY?

11 PARKES WAY is 129m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 11 PARKES WAY lies on this distribution: 69% of detached houses are smaller than 11 PARKES WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

11 PARKES WAY: Plot and Title Map

11 PARKES WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 11 PARKES WAY, 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 11 PARKES WAY). 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 11 PARKES WAY?

11 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 11 on PARKES WAY.