17, OLD BANK LANE, BLACKBURN, BB2 3HG - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 OLD BANK LANE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £140,000 in July 2013, which was around 18% below the average July 2013 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

17 OLD BANK LANE Sold Prices

Land registry data shows three sales for 17 OLD BANK LANE 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 17 OLD BANK LANE 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
2013 12 JUL	£140,000	£169,727	18% below HPI
2004 13 FEB	£150,000	£121,712	23% above HPI
1999 29 OCT	£70,000	£75,923	8% below HPI

17 OLD BANK LANE 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 17 OLD BANK LANE sales between October 1999 and July 2013 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 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 17 OLD BANK LANE?

17 OLD BANK LANE is 106m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 17 OLD BANK LANE lies on this distribution: 41% of detached houses are smaller than 17 OLD BANK LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

17 OLD BANK LANE: Plot and Title Map

17 OLD BANK LANE sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of 17 OLD BANK LANE, 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 17 OLD BANK LANE). 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 17 OLD BANK LANE?

17 OLD BANK LANE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 17 on OLD BANK LANE.