31, BANK LANE, BLACKBURN, BB1 2AP - £139,000

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

31 BANK LANE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £139,000 in April 2014, which was around 15% below the average April 2014 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

31 BANK LANE Sold Prices

Land registry data shows two sales for 31 BANK 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 Blackburn with Darwen local authority area for the corresponding sale date. Both of the two 31 BANK LANE 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
2014 7 APR	£139,000	£162,935	15% below HPI
1999 26 JAN	£59,000	£71,527	18% below HPI

31 BANK LANE 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 two 31 BANK LANE sales from January 1999 and April 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 January 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 31 BANK LANE?

31 BANK LANE is 127m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 31 BANK LANE lies on this distribution: 68% of detached houses are smaller than 31 BANK LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

31 BANK LANE: Plot and Title Map

31 BANK LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 31 BANK 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 31 BANK 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 31 BANK LANE?

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