8, RECTORY CLOSE, DARWEN, BB3 3RG - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 RECTORY CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £125,000 in June 2013, which was around 27% below the average June 2013 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 8 RECTORY CLOSE 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 RECTORY CLOSE 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
2013 21 JUN	£125,000	£171,131	27% below HPI
2000 24 FEB	£67,900	£74,621	9% below HPI

8 RECTORY CLOSE 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 RECTORY CLOSE sales from February 2000 and June 2013 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 February 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 RECTORY CLOSE be worth now?

8 RECTORY CLOSE might now be worth an estimated £213,930.

This is based on house price inflation of 71.1%, between June 2013 and December 2024, 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 71.1% inflationary increase is applied to the most recent sale price for 8 RECTORY CLOSE of £125,000 on 21st June 2013. For the value to have increased from £125,000 to £213,930 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of 8 RECTORY CLOSE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The June 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RECTORY CLOSE has not materially changed since June 2013.

How Large is 8 RECTORY CLOSE?

8 RECTORY CLOSE is 60m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 RECTORY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 8 RECTORY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Darwen.

8 RECTORY CLOSE: Plot and Title Map

8 RECTORY CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 8 RECTORY 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 8 RECTORY 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.

Where is 8 RECTORY CLOSE?

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