4, OAKWOOD CLOSE, DARWEN, BB3 0PG - £158,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 OAKWOOD CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £158,000 in January 2022, which was around 31% below the average January 2022 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

4 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 4 OAKWOOD 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. All of the three 4 OAKWOOD CLOSE 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
2022 21 JAN	£158,000	£230,542	31% below HPI
2006 15 NOV	£128,000	£184,514	31% below HPI
2001 4 JAN	£62,500	£77,069	19% below HPI

4 OAKWOOD 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 OAKWOOD CLOSE sales between January 2001 and January 2022 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 November 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, which was also at 31% below the HPI.

What might 4 OAKWOOD CLOSE be worth now?

4 OAKWOOD CLOSE might now be worth an estimated £200,723.

This is based on house price inflation of 27%, between January 2022 and December 2024, for detached houses, in the Blackburn with Darwen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 4 OAKWOOD CLOSE of £158,000 on 21st January 2022. For the value to have increased from £158,000 to £200,723 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 4 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The January 2022 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKWOOD CLOSE has not materially changed since January 2022.

How Large is 4 OAKWOOD CLOSE?

4 OAKWOOD CLOSE is 56m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Darwen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Darwen, and where 4 OAKWOOD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 4 OAKWOOD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Darwen.

4 OAKWOOD CLOSE: Plot and Title Map

4 OAKWOOD CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

4 OAKWOOD CLOSE is located in DARWEN, in the BB3 postcode district. The below map shows the position of No. 4 on OAKWOOD CLOSE.