3, TIPPET CLOSE, BLACKBURN, BB2 3WX - £121,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 TIPPET CLOSE is a very small semi-detached house of 53m², built sometime between 1996 and 2002. It was last sold for £121,000 in July 2024, which was around 25% below the average July 2024 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

3 TIPPET CLOSE Sold Prices

Land registry data shows three sales for 3 TIPPET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the three 3 TIPPET 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
2024 26 JUL	£121,000	£161,572	25% below HPI
2019 3 MAY	£93,000	£123,967	25% below HPI
2005 4 NOV	£86,000	£99,052	13% below HPI

3 TIPPET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The three 3 TIPPET CLOSE sales between November 2005 and July 2024 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2024 sale, which was also at 25% below the HPI.

What might 3 TIPPET CLOSE be worth now?

3 TIPPET CLOSE might now be worth an estimated £130,628.

This is based on house price inflation of 8%, between July 2024 and December 2024, for semi-detached houses, in the Blackburn with Darwen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 3 TIPPET CLOSE of £121,000 on 26th July 2024. For the value to have increased from £121,000 to £130,628 over the seven months to December 2024, the following assumptions must hold true:

• The value of 3 TIPPET CLOSE has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The July 2024 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TIPPET CLOSE has not materially changed since July 2024.

How Large is 3 TIPPET CLOSE?

3 TIPPET CLOSE is 53m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses houses in Blackburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blackburn, and where 3 TIPPET CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 TIPPET CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

3 TIPPET CLOSE: Plot and Title Map

3 TIPPET CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 TIPPET 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 3 TIPPET 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 3 TIPPET CLOSE?

3 TIPPET CLOSE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 3 on TIPPET CLOSE.