SPRINGVALE, SOMERSET AVENUE, WILPSHIRE, BLACKBURN, BB1 9JD - £302,000

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

SPRINGVALE is a very large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £302,000 in July 2011, which was around 4% above the average July 2011 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

SPRINGVALE Sold Prices

Land registry data shows two sales for SPRINGVALE 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 SPRINGVALE sales was for above 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
2011 1 JUL	£302,000	£291,177	4% above HPI
2007 29 AUG	£302,000	£320,963	6% below HPI

SPRINGVALE 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 SPRINGVALE sales from August 2007 and July 2011 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SPRINGVALE?

SPRINGVALE is 152m², which includes two extensions, according to the EPC inspection conducted in May 2010. 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 SPRINGVALE lies on this distribution: 84% of detached houses are smaller than SPRINGVALE, and 16% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

SPRINGVALE: Plot and Title Map

SPRINGVALE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of SPRINGVALE, 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 SPRINGVALE). 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 SPRINGVALE?

SPRINGVALE is located on SOMERSET AVENUE in WILPSHIRE, in the BB1 postcode district. The below map shows the position of SPRINGVALE on SOMERSET AVENUE.