37, PARKES WAY, BLACKBURN, BB2 4FH - £225,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

37 PARKES WAY is a small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £225,000 in February 2024, which was around 9% below the average February 2024 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

37 PARKES WAY Sold Prices

Land registry data shows three sales for 37 PARKES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the three 37 PARKES WAY 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 19 FEB	£225,000	£247,463	9% below HPI
2021 1 JUN	£175,000	£225,058	22% below HPI
2003 14 MAR	£89,995	£94,437	5% below HPI

37 PARKES WAY 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 three 37 PARKES WAY sales between March 2003 and February 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 June 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 37 PARKES WAY?

37 PARKES WAY is 95m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 37 PARKES WAY lies on this distribution: 26% of detached houses are smaller than 37 PARKES WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

37 PARKES WAY: Plot and Title Map

37 PARKES WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 37 PARKES WAY, 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 37 PARKES WAY). 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 37 PARKES WAY?

37 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 37 on PARKES WAY.