47, GIB LANE, BLACKBURN, BB2 5BP - £192,500

47 GIB LANE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £192,500 in December 2014, which was around 9% above the average December 2014 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

47 GIB LANE Sold Prices

Land registry data shows two sales for 47 GIB LANE 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. Both of the two 47 GIB LANE 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
2014 5 DEC	£192,500	£176,542	9% above HPI
1996 29 MAR	£78,500	£64,682	21% above HPI

47 GIB LANE 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 47 GIB LANE sales from March 1996 and December 2014 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 March 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 47 GIB LANE?

47 GIB LANE is 114m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 47 GIB LANE lies on this distribution: 51% of detached houses are smaller than 47 GIB LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

47 GIB LANE: Plot and Title Map

47 GIB LANE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 47 GIB LANE, 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 47 GIB LANE). 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 47 GIB LANE?

47 GIB LANE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 47 on GIB LANE.