3, HOLLOWHEAD LANE, WILPSHIRE, BLACKBURN, BB1 9JX - £605,000

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

3 HOLLOWHEAD LANE is a very large extended detached house of 278m², built sometime between 1900 and 1929. It was last sold for £605,000 in September 2023, which was around 50% above the average September 2023 detached price in the Ribble Valley local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

3 HOLLOWHEAD LANE Sold Prices

Land registry data shows two sales for 3 HOLLOWHEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 3 HOLLOWHEAD LANE 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
2023 28 SEP	£605,000	£403,239	50% above HPI
2012 18 JAN	£375,000	£278,864	34% above HPI

3 HOLLOWHEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 3 HOLLOWHEAD LANE sales from January 2012 and September 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 January 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 3 HOLLOWHEAD LANE?

3 HOLLOWHEAD LANE is 278m², which includes two extensions, according to the EPC inspection conducted in November 2019. 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 3 HOLLOWHEAD LANE lies on this distribution: 98% of detached houses are smaller than 3 HOLLOWHEAD LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

3 HOLLOWHEAD LANE: Plot and Title Map

3 HOLLOWHEAD LANE sits on a plot of roughly 0.320 of an acre, or 1,295m². The below map shows the location of 3 HOLLOWHEAD LANE, 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 3 HOLLOWHEAD LANE). 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 3 HOLLOWHEAD LANE?

3 HOLLOWHEAD LANE is located in WILPSHIRE, in the BB1 postcode district. The below map shows the position of No. 3 on HOLLOWHEAD LANE.