60, RAMSGREAVE DRIVE, BLACKBURN, BB1 8NB - £195,000

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.

60 RAMSGREAVE DRIVE is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £272,063. It was last sold for £195,000 in August 2020, which was around 8% below the average August 2020 detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

60 RAMSGREAVE DRIVE Sold Prices

Land registry data shows two sales for 60 RAMSGREAVE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blackburn with Darwen local authority area for the corresponding sale date. One of the two 60 RAMSGREAVE DRIVE sales was for below the average price, whilst the other 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
2020 7 AUG	£195,000	£211,890	8% below HPI
2001 21 SEP	£110,000	£80,535	37% above HPI

60 RAMSGREAVE DRIVE 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 60 RAMSGREAVE DRIVE sales from September 2001 and August 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 September 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 60 RAMSGREAVE DRIVE be worth now?

60 RAMSGREAVE DRIVE might now be worth an estimated £272,063.

This is based on house price inflation of 39.5%, between August 2020 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 39.5% inflationary increase is applied to the most recent sale price for 60 RAMSGREAVE DRIVE of £195,000 on 7th August 2020. For the value to have increased from £195,000 to £272,063 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 60 RAMSGREAVE DRIVE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The August 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 60 RAMSGREAVE DRIVE has not materially changed since August 2020.

How Large is 60 RAMSGREAVE DRIVE?

60 RAMSGREAVE DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where 60 RAMSGREAVE DRIVE lies on this distribution: 45% of detached houses are smaller than 60 RAMSGREAVE DRIVE, and 54% of detached houses are larger. Note that EPC data is not available for all properties in Blackburn.