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
5 SPEEDIE CLOSE is a small extended detached house of 101m², built sometime between 2003 and 2006. It was last sold for £175,000 in May 2008, which was around 14% below the average May 2008 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 SPEEDIE CLOSE since 1st 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 5 SPEEDIE CLOSE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2008 23 MAY | £175,000 | £202,669 | 14% below HPI |
2003 29 AUG | £109,995 | £107,370 | 2% above HPI |
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 5 SPEEDIE CLOSE sales from August 2003 and May 2008 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2008 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
5 SPEEDIE CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% 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 SPEEDIE CLOSE lies on this distribution: 34% of detached houses are smaller than 5 SPEEDIE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Blackburn.
5 SPEEDIE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 5 SPEEDIE 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 5 SPEEDIE 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.
5 SPEEDIE CLOSE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 5 on SPEEDIE CLOSE.