MAGNOLIA HOUSE, BURNLEY ROAD, BLACKBURN, BB1 3HW - £138,000

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

MAGNOLIA HOUSE is a very large detached house of 143m², built sometime between 1967 and 1975. It was last sold for £138,000 in December 2010, which was around 24% below the average December 2010 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

MAGNOLIA HOUSE Sold Prices

Land registry data shows three sales for MAGNOLIA HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the three MAGNOLIA HOUSE 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
2010 2 DEC	£138,000	£181,483	24% below HPI
2006 10 NOV	£125,000	£184,763	32% below HPI
1995 10 APR	£40,000	£66,047	39% below HPI

MAGNOLIA 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 three MAGNOLIA HOUSE sales between April 1995 and December 2010 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 November 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2010 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 143m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where MAGNOLIA HOUSE lies on this distribution: 80% of detached houses are smaller than MAGNOLIA HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA HOUSE?

MAGNOLIA HOUSE is located on BURNLEY ROAD in BLACKBURN, in the BB1 postcode district. The below map shows the position of MAGNOLIA HOUSE on BURNLEY ROAD.