11, SCHOOL LANE, GUIDE, BLACKBURN, BB1 2LW - £85,000

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.

11 SCHOOL LANE is a midsized terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £145,306. It was last sold for £85,000 in June 2012, which was around 6% above the average June 2012 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

11 SCHOOL LANE Sold Prices

Land registry data shows two sales for 11 SCHOOL LANE 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 11 SCHOOL LANE 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
2012 28 JUN	£85,000	£80,462	6% above HPI
1995 1 SEP	£32,000	£28,087	14% above HPI

11 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blackburn with Darwen local authority area over time, sourced from the HPI. The two 11 SCHOOL LANE sales from September 1995 and June 2012 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 September 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2012 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 SCHOOL LANE be worth now?

11 SCHOOL LANE might now be worth an estimated £145,306.

This is based on house price inflation of 70.9%, between June 2012 and April 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 70.9% inflationary increase is applied to the most recent sale price for 11 SCHOOL LANE of £85,000 on 28th June 2012. For the value to have increased from £85,000 to £145,306 over the fourteen years and two months to April 2026, the following assumptions must hold true:

• The value of 11 SCHOOL LANE has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The June 2012 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SCHOOL LANE has not materially changed since June 2012.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 90m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of terraced houses in Blackburn, based on EPC data. The below chart shows the distribution of terraced houses by size in Blackburn, and where 11 SCHOOL LANE lies on this distribution: 60% of terraced houses are smaller than 11 SCHOOL LANE, and 38% of terraced houses are larger. Note that EPC data is not available for all properties in Blackburn.

Where is 11 SCHOOL LANE?

11 SCHOOL LANE is located in GUIDE, in the BB1 postcode district.