27, PARKES WAY, BLACKBURN, BB2 4FH - £240,000

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

27 PARKES WAY is a small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £240,000 in November 2023, which was around 5% below the average November 2023 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

27 PARKES WAY Sold Prices

Land registry data shows four sales for 27 PARKES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. Most of the four 27 PARKES WAY 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
2023 17 NOV	£240,000	£252,180	5% below HPI
2020 27 MAR	£195,000	£206,316	5% below HPI
2007 28 SEP	£172,500	£198,757	13% below HPI
2004 30 JUL	£144,995	£140,047	4% above HPI

27 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 four 27 PARKES WAY sales between July 2004 and November 2023 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 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2023 sale, which was also at 5% below the HPI.

How Large is 27 PARKES WAY?

27 PARKES WAY is 95m² according to the EPC inspection conducted in October 2015. 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 27 PARKES WAY lies on this distribution: 26% of detached houses are smaller than 27 PARKES WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

27 PARKES WAY: Plot and Title Map

27 PARKES WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 27 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 27 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 27 PARKES WAY?

27 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 27 on PARKES WAY.