15, MERCHANTS LANDING, BLACKBURN, BB1 1BU - £114,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MERCHANTS LANDING is a small semi-detached house of 95m², built sometime between 1976 and 1982. It was last sold for £114,000 in January 2006, which was around 12% above the average January 2006 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

15 MERCHANTS LANDING Sold Prices

Land registry data shows three sales for 15 MERCHANTS LANDING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blackburn with Darwen local authority area for the corresponding sale date. Two of the three 15 MERCHANTS LANDING sales were for above the average price, whilst one was 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
2006 11 JAN	£114,000	£101,892	12% above HPI
2002 4 APR	£50,000	£47,724	5% above HPI
1996 7 JUN	£36,000	£37,762	5% below HPI

15 MERCHANTS LANDING Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The three 15 MERCHANTS LANDING sales between June 1996 and January 2006 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 April 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2006 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 MERCHANTS LANDING be worth now?

15 MERCHANTS LANDING might now be worth an estimated £195,156.

This is based on house price inflation of 71.2%, between January 2006 and December 2024, for semi-detached houses, in the Blackburn with Darwen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.2% inflationary increase is applied to the most recent sale price for 15 MERCHANTS LANDING of £114,000 on 11th January 2006. For the value to have increased from £114,000 to £195,156 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of 15 MERCHANTS LANDING has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The January 2006 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MERCHANTS LANDING has not materially changed since January 2006.

How Large is 15 MERCHANTS LANDING?

15 MERCHANTS LANDING is 95m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of semi-detached houses houses in Blackburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blackburn, and where 15 MERCHANTS LANDING lies on this distribution: 26% of semi-detached houses houses are smaller than 15 MERCHANTS LANDING, and 73% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

15 MERCHANTS LANDING: Plot and Title Map

15 MERCHANTS LANDING sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 15 MERCHANTS LANDING, 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 15 MERCHANTS LANDING). 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 15 MERCHANTS LANDING?

15 MERCHANTS LANDING is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 15 on MERCHANTS LANDING.