2, TEAL CLOSE, BLACKBURN, BB1 8JY - £197,000

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

2 TEAL CLOSE is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £197,000 in June 2022, which was around 18% below the average June 2022 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 TEAL CLOSE Sold Prices

Land registry data shows two sales for 2 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. Both of the two 2 TEAL CLOSE sales were 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
2022 14 JUN	£197,000	£240,547	18% below HPI
2020 13 JUL	£195,000	£210,328	7% below HPI

2 TEAL CLOSE 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 two 2 TEAL CLOSE sales from July 2020 and June 2022 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 July 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 TEAL CLOSE?

2 TEAL CLOSE is 88m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 2 TEAL CLOSE lies on this distribution: 18% of detached houses are smaller than 2 TEAL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

2 TEAL CLOSE: Plot and Title Map

2 TEAL CLOSE sits on a plot of roughly 4.2 acres, or 16,943m². The below map shows the location of 2 TEAL 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 TEAL 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 TEAL CLOSE?

2 TEAL CLOSE is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 2 on TEAL CLOSE.