8, CHANCEL WAY, DARWEN, BB3 3RL - £165,000

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.

8 CHANCEL WAY is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £226,246. It was last sold for £165,000 in August 2020, which was around 22% below the average August 2020 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

8 CHANCEL WAY Sold Prices

Land registry data shows two sales for 8 CHANCEL WAY 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 8 CHANCEL WAY 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
2020 7 AUG	£165,000	£211,890	22% below HPI
1997 4 DEC	£63,000	£70,487	11% below HPI

8 CHANCEL WAY 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 8 CHANCEL WAY sales from December 1997 and August 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 December 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 CHANCEL WAY be worth now?

8 CHANCEL WAY might now be worth an estimated £226,246.

This is based on house price inflation of 37.1%, between August 2020 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 37.1% inflationary increase is applied to the most recent sale price for 8 CHANCEL WAY of £165,000 on 7th August 2020. For the value to have increased from £165,000 to £226,246 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 CHANCEL WAY has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The August 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHANCEL WAY has not materially changed since August 2020.

How Large is 8 CHANCEL WAY?

8 CHANCEL WAY is 81m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses houses in Darwen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Darwen, and where 8 CHANCEL WAY lies on this distribution: 11% of detached houses houses are smaller than 8 CHANCEL WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Darwen.

8 CHANCEL WAY: Plot and Title Map

8 CHANCEL WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 CHANCEL WAY, 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 8 CHANCEL WAY). 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 8 CHANCEL WAY?

8 CHANCEL WAY is located in DARWEN, in the BB3 postcode district. The below map shows the position of No. 8 on CHANCEL WAY.