2, STATION CLOSE, WILPSHIRE, BLACKBURN, BB1 9PT - £238,000

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 STATION CLOSE is a very small semi-detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £258,617. It was last sold for £238,000 in December 2022, which was around 7% below the average December 2022 semi-detached price in the Ribble Valley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 STATION CLOSE Sold Prices

Land registry data shows two sales for 2 STATION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 2 STATION CLOSE 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
2022 20 DEC	£238,000	£254,629	7% below HPI
2017 1 SEP	£172,000	£213,992	20% below HPI

2 STATION CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 2 STATION CLOSE sales from September 2017 and December 2022 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 September 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 STATION CLOSE be worth now?

2 STATION CLOSE might now be worth an estimated £258,617.

This is based on house price inflation of 8.7%, between December 2022 and May 2026, for semi-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 8.7% inflationary increase is applied to the most recent sale price for 2 STATION CLOSE of £238,000 on 20th December 2022. For the value to have increased from £238,000 to £258,617 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 STATION CLOSE has moved in line with the HPI for semi-detached houses in the Ribble Valley local authority area.
• The December 2022 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STATION CLOSE has not materially changed since December 2022.

How Large is 2 STATION CLOSE?

2 STATION CLOSE is 84m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of semi-detached houses houses in Blackburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blackburn, and where 2 STATION CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 STATION CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

2 STATION CLOSE: Plot and Title Map

2 STATION CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 STATION CLOSE, 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 STATION CLOSE). 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 STATION CLOSE?

2 STATION CLOSE is located in WILPSHIRE, in the BB1 postcode district. The below map shows the position of No. 2 on STATION CLOSE.