GLENDENE, BARKER LANE, MELLOR, BLACKBURN, BB2 7EE - £350,000

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.

GLENDENE is a small detached house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £423,654. It was last sold for £350,000 in February 2020, which was about the average February 2020 detached price in the Ribble Valley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was C.

GLENDENE Sold Prices

Land registry data shows two sales for GLENDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. One of the two GLENDENE sales was roughly equal to the average price, whilst the other was 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 19 FEB	£350,000	£350,587	Close to HPI
2015 5 AUG	£245,000	£317,502	23% below HPI

GLENDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two GLENDENE sales from August 2015 and February 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 August 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might GLENDENE be worth now?

GLENDENE might now be worth an estimated £423,654.

This is based on house price inflation of 21%, between February 2020 and February 2025, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for GLENDENE of £350,000 on 19th February 2020. For the value to have increased from £350,000 to £423,654 over the five years to February 2025, the following assumptions must hold true:

• The value of GLENDENE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The February 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of GLENDENE has not materially changed since February 2020.

How Large is GLENDENE?

GLENDENE is 105m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Mellor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mellor, and where GLENDENE lies on this distribution: 35% of detached houses houses are smaller than GLENDENE, and 64% of houses are larger. Note that EPC data is not available for all properties in Mellor.

GLENDENE: Plot and Title Map

GLENDENE sits on a plot of roughly 1.0 acres, or 4,131m². The below map shows the location of GLENDENE, 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 GLENDENE). 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 GLENDENE?

GLENDENE is located on BARKER LANE in MELLOR, in the BB2 postcode district. The below map shows the position of GLENDENE on BARKER LANE.