2, LEA DRIVE, BLACKBURN, BB2 4HQ - £170,000

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.

2 LEA DRIVE is a small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £246,381. It was last sold for £170,000 in September 2019, which was around 18% below the average September 2019 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 LEA DRIVE Sold Prices

Land registry data shows three sales for 2 LEA DRIVE 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. One of the three 2 LEA DRIVE sales was for below the average price, whilst two 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
2019 12 SEP	£170,000	£206,173	18% below HPI
2005 29 APR	£152,500	£150,981	1% above HPI
1997 23 OCT	£79,950	£70,173	14% above HPI

2 LEA DRIVE 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 2 LEA DRIVE sales between October 1997 and September 2019 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 LEA DRIVE be worth now?

2 LEA DRIVE might now be worth an estimated £246,381.

This is based on house price inflation of 44.9%, between September 2019 and April 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 44.9% inflationary increase is applied to the most recent sale price for 2 LEA DRIVE of £170,000 on 12th September 2019. For the value to have increased from £170,000 to £246,381 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 LEA DRIVE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The September 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEA DRIVE has not materially changed since September 2019.

How Large is 2 LEA DRIVE?

2 LEA DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 2 LEA DRIVE lies on this distribution: 27% of detached houses houses are smaller than 2 LEA DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

2 LEA DRIVE: Plot and Title Map

2 LEA DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 LEA DRIVE, 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 2 LEA DRIVE). 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 2 LEA DRIVE?

2 LEA DRIVE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 2 on LEA DRIVE.