5, WILLOW LANE, BLACKBURN, BB1 8AR - £297,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WILLOW LANE is a midsized detached house of 119m², built in 2022, which could now be worth an estimated £353,476. It was last sold for £297,995 in August 2022, which was around 22% above the average August 2022 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was A.

5 WILLOW LANE Sold Prices

Land registry data shows two sales for 5 WILLOW LANE since 1^st 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. Both of the two 5 WILLOW 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
2022 11 AUG	£297,995	£244,938	22% above HPI
2019 15 NOV	£2,018,800	£207,826	871% above HPI

5 WILLOW LANE 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 two 5 WILLOW LANE sales from November 2019 and August 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 2019 sale was for 871% above the HPI. So the extrapolation line tracks at 871% above the HPI over time, until the August 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 WILLOW LANE be worth now?

5 WILLOW LANE might now be worth an estimated £353,476.

This is based on house price inflation of 18.6%, between August 2022 and February 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 5 WILLOW LANE of £297,995 on 11th August 2022. For the value to have increased from £297,995 to £353,476 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 WILLOW LANE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The August 2022 sale price of £297,995 represented a fair market value for the property.
• The size, condition, and specification of 5 WILLOW LANE has not materially changed since August 2022.

How Large is 5 WILLOW LANE?

5 WILLOW LANE is 119m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackburn, and where 5 WILLOW LANE lies on this distribution: 58% of detached houses houses are smaller than 5 WILLOW LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

5 WILLOW LANE: Plot and Title Map

5 WILLOW LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 5 WILLOW 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 WILLOW 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.

Where is 5 WILLOW LANE?

5 WILLOW LANE is located in BLACKBURN, in the BB1 postcode district. The below map shows the position of No. 5 on WILLOW LANE.