NEVIN, PRESTON NEW ROAD, MELLOR BROOK, BLACKBURN, BB2 7NS - £229,000

NEVIN is a very small detached house of 103m², built sometime between 1930 and 1949. It was last sold for £229,000 in September 2020, which was around 14% below the average September 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

NEVIN Sold Prices

Land registry data shows four sales for NEVIN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four NEVIN 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
2020 3 SEP	£229,000	£264,850	14% below HPI
2010 22 JAN	£205,000	£217,915	6% below HPI
1998 20 MAR	£73,000	£88,181	17% below HPI
1995 26 MAY	£70,000	£80,994	14% below HPI

NEVIN 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 four NEVIN sales between May 1995 and September 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 January 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is NEVIN?

NEVIN is 103m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 NEVIN lies on this distribution: 10% of detached houses are smaller than NEVIN, and 90% of houses are larger. Note that EPC data is not available for all properties in Mellor Brook.

NEVIN: Plot and Title Map

NEVIN sits on a plot of roughly 0.367 of an acre, or 1,484m². The below map shows the location of NEVIN, 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 NEVIN). 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 NEVIN?

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