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 VICARAGE LANE is a very large extended detached house of 265m², built sometime between 1950 and 1966. It was last sold for £490,000 in January 2020, which was around 51% above the average January 2020 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 5 VICARAGE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 5 VICARAGE LANE sales were 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 |
---|---|---|---|
2020 31 JAN | £490,000 | £324,681 | 51% above HPI |
1998 1 SEP | £175,000 | £108,722 | 61% above HPI |
The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 5 VICARAGE LANE sales from September 1998 and January 2020 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 September 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.
5 VICARAGE LANE is 265m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 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 5 VICARAGE LANE lies on this distribution: 98% of detached houses are smaller than 5 VICARAGE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Blackburn.
5 VICARAGE LANE sits on a plot of roughly 0.367 of an acre, or 1,484m². The below map shows the location of 5 VICARAGE LANE, 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 VICARAGE LANE). 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 VICARAGE LANE is located in WILPSHIRE, in the BB1 postcode district. The below map shows the position of No. 5 on VICARAGE LANE.