2, GIFFORD WAY, DARWEN, BB3 3BF - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GIFFORD WAY is a very small semi-detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £158,321. It was last sold for £120,000 in August 2020, which was around 7% below the average August 2020 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 GIFFORD WAY Sold Prices

Land registry data shows three sales for 2 GIFFORD WAY 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 2 GIFFORD 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
2020 14 AUG	£120,000	£128,716	7% below HPI
2014 23 MAY	£91,000	£99,417	8% below HPI
2006 19 DEC	£149,950	£115,530	30% above HPI

2 GIFFORD WAY 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 2 GIFFORD WAY sales between December 2006 and August 2020 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 May 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 GIFFORD WAY be worth now?

2 GIFFORD WAY might now be worth an estimated £158,321.

This is based on house price inflation of 31.9%, between August 2020 and July 2025, 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 31.9% inflationary increase is applied to the most recent sale price for 2 GIFFORD WAY of £120,000 on 14th August 2020. For the value to have increased from £120,000 to £158,321 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 2 GIFFORD WAY has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The August 2020 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GIFFORD WAY has not materially changed since August 2020.

How Large is 2 GIFFORD WAY?

2 GIFFORD WAY is 84m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of semi-detached houses houses in Darwen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Darwen, and where 2 GIFFORD WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 2 GIFFORD WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Darwen.

2 GIFFORD WAY: Plot and Title Map

2 GIFFORD WAY sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 GIFFORD 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 2 GIFFORD 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 2 GIFFORD WAY?

2 GIFFORD WAY is located in DARWEN, in the BB3 postcode district. The below map shows the position of No. 2 on GIFFORD WAY.