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
115 GRASMERE ROAD is a very small semi-detached house of 81m², built sometime between 1930 and 1949. It was last sold for £115,000 in October 2021, which was around 46% below the average October 2021 detached price in the Blackpool local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 115 GRASMERE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. All of the five 115 GRASMERE ROAD 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 |
---|---|---|---|
2021 20 OCT | £115,000 | £211,341 | 46% below HPI |
2015 19 FEB | £83,700 | £158,865 | 47% below HPI |
2014 15 AUG | £76,000 | £159,034 | 52% below HPI |
2004 31 MAR | £88,500 | £151,428 | 42% below HPI |
2003 14 MAR | £72,000 | £118,059 | 39% below HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The five 115 GRASMERE ROAD sales between March 2003 and October 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 February 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
115 GRASMERE ROAD is 81m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 115 GRASMERE ROAD lies on this distribution: 15% of detached houses are smaller than 115 GRASMERE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
115 GRASMERE ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 115 GRASMERE 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 115 GRASMERE 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.
115 GRASMERE ROAD is located in BLACKPOOL, in the FY1 postcode district. The below map shows the position of No. 115 on GRASMERE ROAD.