5, TIPPET CLOSE, BLACKBURN, BB2 3WX - £124,995

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.

5 TIPPET CLOSE is a very small semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £156,506. It was last sold for £124,995 in April 2022, which was around 15% below the average April 2022 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 TIPPET CLOSE Sold Prices

Land registry data shows three sales for 5 TIPPET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blackburn with Darwen local authority area for the corresponding sale date. One of the three 5 TIPPET CLOSE sales was for below the average price, whilst two 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
2022 13 APR	£124,995	£146,289	15% below HPI
2003 17 OCT	£67,000	£63,582	5% above HPI
1997 17 DEC	£49,475	£39,985	24% above HPI

5 TIPPET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The three 5 TIPPET CLOSE sales between December 1997 and April 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 October 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 TIPPET CLOSE be worth now?

5 TIPPET CLOSE might now be worth an estimated £156,506.

This is based on house price inflation of 25.2%, between April 2022 and May 2026, for semi-detached 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 25.2% inflationary increase is applied to the most recent sale price for 5 TIPPET CLOSE of £124,995 on 13th April 2022. For the value to have increased from £124,995 to £156,506 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 TIPPET CLOSE has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The April 2022 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of 5 TIPPET CLOSE has not materially changed since April 2022.

How Large is 5 TIPPET CLOSE?

5 TIPPET CLOSE is 83m² according to the EPC inspection conducted in February 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 5 TIPPET CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 5 TIPPET CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

5 TIPPET CLOSE: Plot and Title Map

5 TIPPET CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 5 TIPPET 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 5 TIPPET 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 5 TIPPET CLOSE?

5 TIPPET CLOSE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 5 on TIPPET CLOSE.