324, PRESTON NEW ROAD, BLACKBURN, BB2 7AQ - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

324 PRESTON NEW ROAD is a large detached house of 140m², built sometime between 1950 and 1966. It was last sold for £185,000 in November 2012, which was around 7% above the average November 2012 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

324 PRESTON NEW ROAD Sold Prices

Land registry data shows two sales for 324 PRESTON NEW ROAD 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. One of the two 324 PRESTON NEW ROAD sales was for above the average price, whilst the other was 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
2012 1 NOV	£185,000	£172,647	7% above HPI
1996 20 SEP	£60,000	£66,912	10% below HPI

324 PRESTON NEW ROAD 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 324 PRESTON NEW ROAD sales from September 1996 and November 2012 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 September 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 324 PRESTON NEW ROAD?

324 PRESTON NEW ROAD is 140m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 324 PRESTON NEW ROAD lies on this distribution: 78% of detached houses are smaller than 324 PRESTON NEW ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

324 PRESTON NEW ROAD: Plot and Title Map

324 PRESTON NEW ROAD sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 324 PRESTON NEW ROAD, 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 324 PRESTON NEW ROAD). 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 324 PRESTON NEW ROAD?

324 PRESTON NEW ROAD is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 324 on PRESTON NEW ROAD.