16, PARKES WAY, BLACKBURN, BB2 4FH - £250,000

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

16 PARKES WAY is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £250,000 in September 2019, which was around 21% above the average September 2019 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

16 PARKES WAY Sold Prices

Land registry data shows three sales for 16 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. All of the three 16 PARKES WAY sales were 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
2019 27 SEP	£250,000	£206,451	21% above HPI
2010 25 AUG	£239,950	£185,041	30% above HPI
2006 19 MAY	£240,000	£174,003	38% above HPI

16 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 16 PARKES WAY sales between May 2006 and September 2019 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 August 2010 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 16 PARKES WAY?

16 PARKES WAY is 144m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 16 PARKES WAY lies on this distribution: 81% of detached houses are smaller than 16 PARKES WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

16 PARKES WAY: Plot and Title Map

16 PARKES WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 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 16 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 16 PARKES WAY?

16 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 16 on PARKES WAY.