4, FALCON CLOSE, BLACKBURN, BB1 8LE - £138,000

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

4 FALCON CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £138,000 in June 2018, which was around 33% below the average June 2018 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

4 FALCON CLOSE Sold Prices

Land registry data shows three sales for 4 FALCON CLOSE 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. Two of the three 4 FALCON CLOSE sales were for below the average price, whilst one was 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
2018 8 JUN	£138,000	£204,515	33% below HPI
2003 28 AUG	£117,000	£107,370	9% above HPI
1999 23 APR	£67,300	£69,505	3% below HPI

4 FALCON CLOSE 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 4 FALCON CLOSE sales between April 1999 and June 2018 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 August 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 FALCON CLOSE?

4 FALCON CLOSE is 76m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 4 FALCON CLOSE lies on this distribution: 7% of detached houses are smaller than 4 FALCON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

4 FALCON CLOSE: Plot and Title Map

4 FALCON CLOSE sits on a plot of roughly 4.2 acres, or 16,943m². The below map shows the location of 4 FALCON 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 4 FALCON 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 4 FALCON CLOSE?

4 FALCON CLOSE is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 4 on FALCON CLOSE.