72, GIB LANE, BLACKBURN, BB2 5BP - £340,000

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

72 GIB LANE is a large detached house of 138m². It was last sold for £340,000 in June 2023, which was around 35% above the average June 2023 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

72 GIB LANE Sold Prices

Land registry data shows two sales for 72 GIB 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 72 GIB 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
2023 30 JUN	£340,000	£251,951	35% above HPI
2019 7 JUN	£284,995	£207,230	38% above HPI

72 GIB 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 72 GIB LANE sales from June 2019 and June 2023 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 June 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 72 GIB LANE?

72 GIB LANE is 138m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 72 GIB LANE lies on this distribution: 76% of detached houses are smaller than 72 GIB LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

72 GIB LANE: Plot and Title Map

72 GIB LANE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 72 GIB 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 72 GIB 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 72 GIB LANE?

72 GIB LANE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 72 on GIB LANE.