50, PEEL CLOSE, BLACKBURN, BB2 3NG - £35,000

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.

50 PEEL CLOSE is a very small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £60,186. It was last sold for £35,000 in June 2015, which was around 56% below the average June 2015 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

50 PEEL CLOSE Sold Prices

Land registry data shows two sales for 50 PEEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Blackburn with Darwen local authority area for the corresponding sale date. Both of the two 50 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
2015 30 JUN	£35,000	£80,159	56% below HPI
2015 27 FEB	£27,500	£77,814	65% below HPI

50 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 two 50 PEEL CLOSE sales from February 2015 and June 2015 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 2015 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the June 2015 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 50 PEEL CLOSE be worth now?

50 PEEL CLOSE might now be worth an estimated £60,186.

This is based on house price inflation of 72%, between June 2015 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 72% inflationary increase is applied to the most recent sale price for 50 PEEL CLOSE of £35,000 on 30th June 2015. For the value to have increased from £35,000 to £60,186 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 50 PEEL CLOSE has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The June 2015 sale price of £35,000 represented a fair market value for the property.
• The size, condition, and specification of 50 PEEL CLOSE has not materially changed since June 2015.

How Large is 50 PEEL CLOSE?

50 PEEL CLOSE is 91m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 50 PEEL CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 50 PEEL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

50 PEEL CLOSE: Plot and Title Map

50 PEEL CLOSE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 50 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 50 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 50 PEEL CLOSE?

50 PEEL CLOSE is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 50 on PEEL CLOSE.