THE CHESTNUTS, BEAVER CLOSE, WILPSHIRE, BLACKBURN, BB1 9LB - £445,000

THE CHESTNUTS is a very large extended detached house of 338m², built sometime before 1900. It was last sold for £445,000 in November 2018, which was around 33% above the average November 2018 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two THE CHESTNUTS sales 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
2018 2 NOV	£445,000	£333,671	33% above HPI
1998 26 MAR	£162,500	£108,657	50% above HPI

THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two THE CHESTNUTS sales from March 1998 and November 2018 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 March 1998 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 338m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Blackburn, based on EPC data. The below chart shows the distribution of detached houses by size in Blackburn, and where THE CHESTNUTS lies on this distribution: 99% of detached houses are smaller than THE CHESTNUTS, and 1% of houses are larger. Note that EPC data is not available for all properties in Blackburn.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of THE CHESTNUTS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE CHESTNUTS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE CHESTNUTS?

THE CHESTNUTS is located on BEAVER CLOSE in WILPSHIRE, in the BB1 postcode district. The below map shows the position of THE CHESTNUTS on BEAVER CLOSE.