1, MEADOWCROFT, LOWER DARWEN, DARWEN, BB3 0RU - £185,000

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.

1 MEADOWCROFT is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £279,720. It was last sold for £185,000 in November 2018, which was around 5% below the average November 2018 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 MEADOWCROFT Sold Prices

Land registry data shows two sales for 1 MEADOWCROFT 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. One of the two 1 MEADOWCROFT sales was for below the average price, whilst the other was roughly equal to 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
2018 15 NOV	£185,000	£195,521	5% below HPI
2017 24 APR	£188,000	£187,421	Close to HPI

1 MEADOWCROFT 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 1 MEADOWCROFT sales from April 2017 and November 2018 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 April 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 MEADOWCROFT be worth now?

1 MEADOWCROFT might now be worth an estimated £279,720.

This is based on house price inflation of 51.2%, between November 2018 and May 2026, 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 51.2% inflationary increase is applied to the most recent sale price for 1 MEADOWCROFT of £185,000 on 15th November 2018. For the value to have increased from £185,000 to £279,720 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 1 MEADOWCROFT has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The November 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOWCROFT has not materially changed since November 2018.

How Large is 1 MEADOWCROFT?

1 MEADOWCROFT is 100m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackburn, and where 1 MEADOWCROFT lies on this distribution: 31% of detached houses houses are smaller than 1 MEADOWCROFT, and 67% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

1 MEADOWCROFT: Plot and Title Map

1 MEADOWCROFT sits on a plot of roughly 3.1 acres, or 12,661m². The below map shows the location of 1 MEADOWCROFT, 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 1 MEADOWCROFT). 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 1 MEADOWCROFT?

1 MEADOWCROFT is located in LOWER DARWEN, in the BB3 postcode district. The below map shows the position of No. 1 on MEADOWCROFT.