21, PARKES WAY, BLACKBURN, BB2 4FH - £162,500

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

21 PARKES WAY is a small extended detached house of 97m², built sometime between 2003 and 2006. It was last sold for £162,500 in December 2014, which was around 8% below the average December 2014 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

21 PARKES WAY Sold Prices

Land registry data shows three sales for 21 PARKES WAY 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 21 PARKES 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
2014 5 DEC	£162,500	£176,542	8% below HPI
2005 2 JUN	£160,000	£158,881	1% above HPI
2004 17 DEC	£139,939	£145,599	4% below HPI

21 PARKES WAY 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 21 PARKES WAY sales between December 2004 and December 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 June 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 21 PARKES WAY?

21 PARKES WAY is 97m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 21 PARKES WAY lies on this distribution: 28% of detached houses are smaller than 21 PARKES WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

21 PARKES WAY: Plot and Title Map

21 PARKES WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 21 PARKES 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 21 PARKES 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 21 PARKES WAY?

21 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 21 on PARKES WAY.