8, ELGAR CLOSE, BLACKBURN, BB2 3TE - £62,500

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.

8 ELGAR CLOSE is a detached house, which could now be worth an estimated £238,035. It was last sold for £62,500 in April 2001, which was around 19% below the average April 2001 detached price in the Blackburn with Darwen local authority area.

8 ELGAR CLOSE Sold Prices

Land registry data shows two sales for 8 ELGAR CLOSE 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. Both of the two 8 ELGAR CLOSE 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
2001 20 APR	£62,500	£77,622	19% below HPI
1995 10 NOV	£49,000	£65,906	26% below HPI

What might 8 ELGAR CLOSE be worth now?

8 ELGAR CLOSE might now be worth an estimated £238,035.

This is based on house price inflation of 280.9%, between April 2001 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 280.9% inflationary increase is applied to the most recent sale price for 8 ELGAR CLOSE of £62,500 on 20th April 2001. For the value to have increased from £62,500 to £238,035 over the 24 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 ELGAR CLOSE has moved in line with the HPI for detached houses in the Blackburn with Darwen local authority area.
• The April 2001 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ELGAR CLOSE has not materially changed since April 2001.

Where is 8 ELGAR CLOSE?

8 ELGAR CLOSE is located in BLACKBURN, in the BB2 postcode district.