2, PARKES WAY, BLACKBURN, BB2 4FH - £269,950

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.

2 PARKES WAY is a very large detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £482,484. It was last sold for £269,950 in March 2006, which was around 63% above the average March 2006 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

2 PARKES WAY Sold Prices

Land registry data shows one sale for 2 PARKES WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 31 MAR	£269,950	£165,404	63% above HPI

What might 2 PARKES WAY be worth now?

2 PARKES WAY might now be worth an estimated £482,484.

This is based on house price inflation of 78.7%, between March 2006 and May 2026, for detached 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 78.7% inflationary increase is applied to the most recent sale price for 2 PARKES WAY of £269,950 on 31st March 2006. For the value to have increased from £269,950 to £482,484 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 PARKES WAY has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The March 2006 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 2 PARKES WAY has not materially changed since March 2006.

How Large is 2 PARKES WAY?

2 PARKES WAY is 156m² according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 2 PARKES WAY lies on this distribution: 86% of detached houses are smaller than 2 PARKES WAY, and 14% of detached houses are larger. Note that EPC data is not available for all properties in Blackburn.

2 PARKES WAY: Plot

2 PARKES WAY sits on a plot of roughly 0.086 of an acre, or 348m².

Where is 2 PARKES WAY?

2 PARKES WAY is located in BLACKBURN, in the BB2 postcode district.