31, BANK HEY LANE SOUTH, BLACKBURN, BB1 5RQ - £111,000

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

31 BANK HEY LANE SOUTH is a very small semi-detached house of 87m², built sometime between 1950 and 1966. It was last sold for £111,000 in January 2015, which was around 5% above the average January 2015 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

31 BANK HEY LANE SOUTH Sold Prices

Land registry data shows four sales for 31 BANK HEY LANE SOUTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the four 31 BANK HEY LANE SOUTH 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
2015 30 JAN	£111,000	£105,746	5% above HPI
2010 19 FEB	£140,000	£110,997	26% above HPI
2005 25 MAY	£134,000	£95,892	40% above HPI
1999 23 APR	£54,625	£39,161	39% above HPI

31 BANK HEY LANE SOUTH 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 four 31 BANK HEY LANE SOUTH sales between April 1999 and January 2015 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 February 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 31 BANK HEY LANE SOUTH be worth now?

31 BANK HEY LANE SOUTH might now be worth an estimated £183,094.

This is based on house price inflation of 64.9%, between January 2015 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 64.9% inflationary increase is applied to the most recent sale price for 31 BANK HEY LANE SOUTH of £111,000 on 30th January 2015. For the value to have increased from £111,000 to £183,094 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 31 BANK HEY LANE SOUTH has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The January 2015 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BANK HEY LANE SOUTH has not materially changed since January 2015.

How Large is 31 BANK HEY LANE SOUTH?

31 BANK HEY LANE SOUTH is 87m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 31 BANK HEY LANE SOUTH lies on this distribution: 17% of semi-detached houses houses are smaller than 31 BANK HEY LANE SOUTH, and 82% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

31 BANK HEY LANE SOUTH: Plot and Title Map

31 BANK HEY LANE SOUTH sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 31 BANK HEY LANE SOUTH, 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 31 BANK HEY LANE SOUTH). 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 31 BANK HEY LANE SOUTH?

31 BANK HEY LANE SOUTH is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 31 on BANK HEY LANE SOUTH.