5, LEA DRIVE, BLACKBURN, BB2 4HQ - £225,000

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

5 LEA DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2024, which was around 13% below the average May 2024 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

5 LEA DRIVE Sold Prices

Land registry data shows four sales for 5 LEA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. Most of the four 5 LEA DRIVE 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 13 MAY	£225,000	£257,764	13% below HPI
2018 20 DEC	£156,000	£199,060	22% below HPI
2012 13 MAR	£145,000	£178,614	19% below HPI
1997 10 DEC	£72,700	£70,582	3% above HPI

5 LEA DRIVE 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 four 5 LEA DRIVE sales between December 1997 and May 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 December 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 LEA DRIVE?

5 LEA DRIVE is 89m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 5 LEA DRIVE lies on this distribution: 19% of detached houses are smaller than 5 LEA DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

5 LEA DRIVE: Plot and Title Map

5 LEA DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 5 LEA DRIVE, 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 5 LEA DRIVE). 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 5 LEA DRIVE?

5 LEA DRIVE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 5 on LEA DRIVE.