HEAD OF LEA, PRESTON NEW ROAD, MELLOR BROOK, BLACKBURN, BB2 7PU - £340,000

HEAD OF LEA is a small extended detached house of 121m², built sometime between 1900 and 1929. It was last sold for £340,000 in July 2016, which was around 43% above the average July 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was A.

HEAD OF LEA Sold Prices

Land registry data shows two sales for HEAD OF LEA 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. Both of the two HEAD OF LEA 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
2016 11 JUL	£340,000	£237,986	43% above HPI
2011 11 MAY	£265,000	£214,624	23% above HPI

HEAD OF LEA 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 HEAD OF LEA sales from May 2011 and July 2016 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 May 2011 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2016 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is HEAD OF LEA?

HEAD OF LEA is 121m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Mellor Brook, based on EPC data. The below chart shows the distribution of detached houses by size in Mellor Brook, and where HEAD OF LEA lies on this distribution: 32% of detached houses are smaller than HEAD OF LEA, and 67% of houses are larger. Note that EPC data is not available for all properties in Mellor Brook.

HEAD OF LEA: Plot and Title Map

HEAD OF LEA sits on a plot of roughly 0.594 of an acre, or 2,403m². The below map shows the location of HEAD OF LEA, 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 HEAD OF LEA). 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 HEAD OF LEA?

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