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
2 WILPSHIRE BANKS is a very large detached house of 186m², built sometime between 1976 and 1982. It was last sold for £350,000 in September 2020, which was around 4% above the average September 2020 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 WILPSHIRE BANKS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the five 2 WILPSHIRE BANKS 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 |
---|---|---|---|
2020 23 SEP | £350,000 | £337,733 | 4% above HPI |
2006 12 MAY | £337,000 | £273,882 | 23% above HPI |
1999 20 AUG | £177,500 | £112,146 | 58% above HPI |
1996 27 SEP | £133,450 | £96,333 | 39% above HPI |
1996 15 MAR | £145,500 | £96,145 | 51% above HPI |
The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The five 2 WILPSHIRE BANKS sales between March 1996 and September 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
2 WILPSHIRE BANKS is 186m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% 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 WILPSHIRE BANKS lies on this distribution: 93% of detached houses are smaller than 2 WILPSHIRE BANKS, and 7% of houses are larger. Note that EPC data is not available for all properties in Blackburn.
2 WILPSHIRE BANKS sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 2 WILPSHIRE BANKS, 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 WILPSHIRE BANKS). 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.
2 WILPSHIRE BANKS is located in WILPSHIRE, in the BB1 postcode district. The below map shows the position of No. 2 on WILPSHIRE BANKS.