470, PRESTON OLD ROAD, BLACKBURN, BB2 5LY - £142,000

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.

470 PRESTON OLD ROAD is a midsized extended terraced house of 111m², built sometime before 1900, which could now be worth an estimated £199,094. It was last sold for £142,000 in November 2020, which was around 44% above the average November 2020 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

470 PRESTON OLD ROAD Sold Prices

Land registry data shows four sales for 470 PRESTON OLD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the four 470 PRESTON OLD ROAD 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
2020 16 NOV	£142,000	£98,313	44% above HPI
2016 20 MAY	£130,000	£78,974	65% above HPI
2004 30 JUL	£127,500	£62,290	105% above HPI
2003 24 NOV	£100,000	£45,354	120% above HPI

470 PRESTON OLD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The four 470 PRESTON OLD ROAD sales between November 2003 and November 2020 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 May 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2020 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 470 PRESTON OLD ROAD be worth now?

470 PRESTON OLD ROAD might now be worth an estimated £199,094.

This is based on house price inflation of 40.2%, between November 2020 and May 2026, for terraced 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 40.2% inflationary increase is applied to the most recent sale price for 470 PRESTON OLD ROAD of £142,000 on 16th November 2020. For the value to have increased from £142,000 to £199,094 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 470 PRESTON OLD ROAD has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The November 2020 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 470 PRESTON OLD ROAD has not materially changed since November 2020.

How Large is 470 PRESTON OLD ROAD?

470 PRESTON OLD ROAD is 111m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of terraced houses houses in Blackburn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Blackburn, and where 470 PRESTON OLD ROAD lies on this distribution: 46% of terraced houses houses are smaller than 470 PRESTON OLD ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

470 PRESTON OLD ROAD: Plot and Title Map

470 PRESTON OLD ROAD sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 470 PRESTON OLD ROAD, 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 470 PRESTON OLD ROAD). 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 470 PRESTON OLD ROAD?

470 PRESTON OLD ROAD is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 470 on PRESTON OLD ROAD.