FIRSLAND, PRESTON NEW ROAD, MELLOR BROOK, BLACKBURN, BB2 7PU - £285,000

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.

FIRSLAND is a midsized detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £367,581. It was last sold for £285,000 in July 2020, which was around 12% above the average July 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

FIRSLAND Sold Prices

Land registry data shows two sales for FIRSLAND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. One of the two FIRSLAND sales was for above the average price, whilst the other was 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
2020 21 JUL	£285,000	£254,613	12% above HPI
2006 3 MAR	£200,000	£211,127	5% below HPI

FIRSLAND Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two FIRSLAND sales from March 2006 and July 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 March 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might FIRSLAND be worth now?

FIRSLAND might now be worth an estimated £367,581.

This is based on house price inflation of 29%, between July 2020 and August 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29% inflationary increase is applied to the most recent sale price for FIRSLAND of £285,000 on 21st July 2020. For the value to have increased from £285,000 to £367,581 over the four years and eleven months to August 2025, the following assumptions must hold true:

• The value of FIRSLAND has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of FIRSLAND has not materially changed since July 2020.

How Large is FIRSLAND?

FIRSLAND is 129m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Mellor Brook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mellor Brook, and where FIRSLAND lies on this distribution: 44% of detached houses houses are smaller than FIRSLAND, and 56% of houses are larger. Note that EPC data is not available for all properties in Mellor Brook.

FIRSLAND: Plot and Title Map

FIRSLAND sits on a plot of roughly 0.357 of an acre, or 1,443m². The below map shows the location of FIRSLAND, 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 FIRSLAND). 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 FIRSLAND?

FIRSLAND is located on PRESTON NEW ROAD in MELLOR BROOK, in the BB2 postcode district. The below map shows the position of FIRSLAND on PRESTON NEW ROAD.