49, PEEL CLOSE, BLACKBURN, BB2 3NG - £60,000

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.

49 PEEL CLOSE is a very small terraced house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £70,668. It was last sold for £60,000 in September 2023, which was around 49% below the average September 2023 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

49 PEEL CLOSE Sold Prices

Land registry data shows three sales for 49 PEEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the three 49 PEEL 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
2023 4 SEP	£60,000	£116,784	49% below HPI
2012 27 SEP	£52,000	£78,959	34% below HPI
2005 27 OCT	£69,950	£74,875	7% below HPI

49 PEEL CLOSE 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 three 49 PEEL CLOSE sales between October 2005 and September 2023 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 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 49 PEEL CLOSE be worth now?

49 PEEL CLOSE might now be worth an estimated £70,668.

This is based on house price inflation of 17.8%, between September 2023 and April 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 17.8% inflationary increase is applied to the most recent sale price for 49 PEEL CLOSE of £60,000 on 4th September 2023. For the value to have increased from £60,000 to £70,668 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 49 PEEL CLOSE has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The September 2023 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PEEL CLOSE has not materially changed since September 2023.

How Large is 49 PEEL CLOSE?

49 PEEL CLOSE is 76m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 49 PEEL CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 49 PEEL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

49 PEEL CLOSE: Plot and Title Map

49 PEEL CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 49 PEEL 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 49 PEEL 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 49 PEEL CLOSE?

49 PEEL CLOSE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 49 on PEEL CLOSE.