321, SHEAR BROW, BLACKBURN, BB1 8DS - £87,000

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.

321 SHEAR BROW is a very small terraced house of 60m², built sometime before 1900, which could now be worth an estimated £111,169. It was last sold for £87,000 in February 2022, which was around 19% below the average February 2022 terraced price in the Blackburn with Darwen local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

321 SHEAR BROW Sold Prices

Land registry data shows three sales for 321 SHEAR BROW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Blackburn with Darwen local authority area for the corresponding sale date. Two of the three 321 SHEAR BROW sales were for below the average price, whilst one was 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
2022 8 FEB	£87,000	£107,644	19% below HPI
2007 13 NOV	£93,250	£95,348	2% below HPI
1997 25 JUL	£35,450	£29,246	21% above HPI

321 SHEAR BROW 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 three 321 SHEAR BROW sales between July 1997 and February 2022 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 November 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 321 SHEAR BROW be worth now?

321 SHEAR BROW might now be worth an estimated £111,169.

This is based on house price inflation of 27.8%, between February 2022 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 27.8% inflationary increase is applied to the most recent sale price for 321 SHEAR BROW of £87,000 on 8th February 2022. For the value to have increased from £87,000 to £111,169 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 321 SHEAR BROW has moved in line with the HPI for terraced houses in the Blackburn with Darwen local authority area.
• The February 2022 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 321 SHEAR BROW has not materially changed since February 2022.

How Large is 321 SHEAR BROW?

321 SHEAR BROW is 60m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses in Blackburn, based on EPC data. The below chart shows the distribution of terraced houses by size in Blackburn, and where 321 SHEAR BROW lies on this distribution: 5% of terraced houses are smaller than 321 SHEAR BROW, and 94% of terraced houses are larger. Note that EPC data is not available for all properties in Blackburn.

Where is 321 SHEAR BROW?

321 SHEAR BROW is located in BLACKBURN, in the BB1 postcode district.