31, GRASMERE CLOSE, RISHTON, BLACKBURN, BB1 4EL - £220,000

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 GRASMERE CLOSE is a large extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £220,000 in March 2016, which was around 35% above the average March 2016 detached price in the Hyndburn local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

31 GRASMERE CLOSE Sold Prices

Land registry data shows two sales for 31 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two 31 GRASMERE CLOSE 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
2016 23 MAR	£220,000	£162,916	35% above HPI
2003 31 OCT	£163,000	£88,065	85% above HPI

31 GRASMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The two 31 GRASMERE CLOSE sales from October 2003 and March 2016 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 October 2003 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2016 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 31 GRASMERE CLOSE?

31 GRASMERE CLOSE is 110m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Rishton, based on EPC data. The below chart shows the distribution of detached houses by size in Rishton, and where 31 GRASMERE CLOSE lies on this distribution: 64% of detached houses are smaller than 31 GRASMERE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Rishton.

31 GRASMERE CLOSE: Plot and Title Map

31 GRASMERE CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 31 GRASMERE 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 31 GRASMERE 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 31 GRASMERE CLOSE?

31 GRASMERE CLOSE is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 31 on GRASMERE CLOSE.