8, TIPPET CLOSE, BLACKBURN, BB2 3WX - £132,500

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 TIPPET CLOSE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £155,925. It was last sold for £132,500 in March 2023, which was around 15% below the average March 2023 semi-detached price in the Blackburn with Darwen local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

8 TIPPET CLOSE Sold Prices

Land registry data shows four sales for 8 TIPPET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Blackburn with Darwen local authority area for the corresponding sale date. two of the four 8 TIPPET CLOSE sales were for below the average price, and four 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
2023 3 MAR	£132,500	£155,650	15% below HPI
2003 7 FEB	£45,000	£54,430	17% below HPI
1998 31 JUL	£47,450	£39,960	19% above HPI
1998 31 JUL	£45,000	£39,960	13% above HPI

What might 8 TIPPET CLOSE be worth now?

8 TIPPET CLOSE might now be worth an estimated £155,925.

This is based on house price inflation of 17.7%, between March 2023 and May 2026, for semi-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 17.7% inflationary increase is applied to the most recent sale price for 8 TIPPET CLOSE of £132,500 on 3rd March 2023. For the value to have increased from £132,500 to £155,925 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 TIPPET CLOSE has moved in line with the HPI for semi-detached houses in the Blackburn with Darwen local authority area.
• The March 2023 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TIPPET CLOSE has not materially changed since March 2023.

How Large is 8 TIPPET CLOSE?

8 TIPPET CLOSE is 68m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses in Blackburn, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Blackburn, and where 8 TIPPET CLOSE lies on this distribution: 19% of semi-detached houses are smaller than 8 TIPPET CLOSE, and 79% of semi-detached houses are larger. Note that EPC data is not available for all properties in Blackburn.

8 TIPPET CLOSE: Plot

8 TIPPET CLOSE sits on a plot of roughly 0.054 of an acre, or 220m².

Where is 8 TIPPET CLOSE?

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