BANK HEY HOUSE, BANK HEY LANE SOUTH, BLACKBURN, BB1 5QZ - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BANK HEY HOUSE is a very large extended detached house of 177m², built sometime before 1900. It was last sold for £390,000 in December 2020, which was around 75% above the average December 2020 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

BANK HEY HOUSE Sold Prices

Land registry data shows two sales for BANK HEY HOUSE 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 BANK HEY HOUSE 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 14 DEC	£390,000	£222,240	75% above HPI
1999 17 DEC	£149,950	£75,735	98% above HPI

BANK HEY HOUSE 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 BANK HEY HOUSE sales from December 1999 and December 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 1999 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the December 2020 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is BANK HEY HOUSE?

BANK HEY HOUSE is 177m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 BANK HEY HOUSE lies on this distribution: 91% of detached houses are smaller than BANK HEY HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

BANK HEY HOUSE: Plot and Title Map

BANK HEY HOUSE sits on a plot of roughly 0.257 of an acre, or 1,039m². The below map shows the location of BANK HEY HOUSE, 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 BANK HEY HOUSE). 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 BANK HEY HOUSE?

BANK HEY HOUSE is located on BANK HEY LANE SOUTH in BLACKBURN, in the BB1 postcode district. The below map shows the position of BANK HEY HOUSE on BANK HEY LANE SOUTH.