2, LOCHINCH CLOSE, BLACKPOOL, FY4 5NR - £166,500

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 LOCHINCH CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £242,229. It was last sold for £166,500 in July 2014, which was around 3% above the average July 2014 detached price in the Blackpool local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 LOCHINCH CLOSE Sold Prices

Land registry data shows four sales for 2 LOCHINCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Most of the four 2 LOCHINCH CLOSE 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
2014 10 JUL	£166,500	£161,445	3% above HPI
2011 18 MAR	£190,000	£161,965	17% above HPI
2010 19 MAR	£142,000	£172,509	18% below HPI
1997 14 FEB	£80,500	£74,242	8% above HPI

2 LOCHINCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The four 2 LOCHINCH CLOSE sales between February 1997 and July 2014 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 March 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 LOCHINCH CLOSE be worth now?

2 LOCHINCH CLOSE might now be worth an estimated £242,229.

This is based on house price inflation of 45.5%, between July 2014 and February 2025, for detached houses, in the Blackpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.5% inflationary increase is applied to the most recent sale price for 2 LOCHINCH CLOSE of £166,500 on 10th July 2014. For the value to have increased from £166,500 to £242,229 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 LOCHINCH CLOSE has moved in line with the HPI for detached houses in the Blackpool local authority area.
• The July 2014 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LOCHINCH CLOSE has not materially changed since July 2014.

How Large is 2 LOCHINCH CLOSE?

2 LOCHINCH CLOSE is 66m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackpool, and where 2 LOCHINCH CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 LOCHINCH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Blackpool.

2 LOCHINCH CLOSE: Plot and Title Map

2 LOCHINCH CLOSE sits on a plot of roughly 6.9 acres, or 27,741m². The below map shows the location of 2 LOCHINCH CLOSE, 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 LOCHINCH CLOSE). 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 LOCHINCH CLOSE?

2 LOCHINCH CLOSE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 2 on LOCHINCH CLOSE.