708, PRESTON OLD ROAD, BLACKBURN, BB2 5EP - £128,500

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.

708 PRESTON OLD ROAD is a midsized terraced house of 119m², built sometime between 1900 and 1929, which could now be worth an estimated £161,145. It was last sold for £128,500 in April 2022, which was around 17% above the average April 2022 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

708 PRESTON OLD ROAD Sold Prices

Land registry data shows five sales for 708 PRESTON OLD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Blackburn with Darwen local authority area for the corresponding sale date. All of the five 708 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
2022 8 APR	£128,500	£109,918	17% above HPI
2021 20 AUG	£128,000	£107,283	19% above HPI
2005 10 FEB	£109,000	£65,324	67% above HPI
2003 1 AUG	£79,950	£43,506	84% above HPI
1996 9 OCT	£41,500	£27,105	53% above HPI

708 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 five 708 PRESTON OLD ROAD sales between October 1996 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 August 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 708 PRESTON OLD ROAD be worth now?

708 PRESTON OLD ROAD might now be worth an estimated £161,145.

This is based on house price inflation of 25.4%, between April 2022 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 25.4% inflationary increase is applied to the most recent sale price for 708 PRESTON OLD ROAD of £128,500 on 8th April 2022. For the value to have increased from £128,500 to £161,145 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 708 PRESTON OLD ROAD has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The April 2022 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 708 PRESTON OLD ROAD has not materially changed since April 2022.

How Large is 708 PRESTON OLD ROAD?

708 PRESTON OLD ROAD is 119m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 708 PRESTON OLD ROAD lies on this distribution: 58% of terraced houses houses are smaller than 708 PRESTON OLD ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

708 PRESTON OLD ROAD: Plot and Title Map

708 PRESTON OLD ROAD sits on a plot of roughly 0.986 of an acre, or 3,990m². The below map shows the location of 708 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 708 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 708 PRESTON OLD ROAD?

708 PRESTON OLD ROAD is located in BLACKBURN, in the BB2 postcode district. The below map shows the position of No. 708 on PRESTON OLD ROAD.