31, PARKES WAY, BLACKBURN, BB2 4FH - £285,000

31 PARKES WAY is a large detached house of 131m², built sometime between 2003 and 2006. It was last sold for £285,000 in March 2021, which was around 29% above the average March 2021 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

31 PARKES WAY Sold Prices

Land registry data shows four sales for 31 PARKES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the four 31 PARKES WAY sales 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
2021 31 MAR	£285,000	£220,229	29% above HPI
2008 19 FEB	£240,000	£200,694	20% above HPI
2005 27 OCT	£205,000	£162,597	26% above HPI
2004 16 JUL	£199,995	£140,047	43% above HPI

31 PARKES WAY 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 four 31 PARKES WAY sales between July 2004 and March 2021 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 February 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 31 PARKES WAY?

31 PARKES WAY is 131m² according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 31 PARKES WAY lies on this distribution: 71% of detached houses are smaller than 31 PARKES WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

31 PARKES WAY: Plot and Title Map

31 PARKES WAY sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 31 PARKES WAY, 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 31 PARKES WAY). 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 31 PARKES WAY?

31 PARKES WAY is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 31 on PARKES WAY.