OAKLANDS, ROCHDALE ROAD, BACUP, OL13 9SD - £500,000

OAKLANDS is a very large detached house of 177m², built sometime between 1976 and 1982. It was last sold for £500,000 in November 2022, which was around 57% above the average November 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Both of the two OAKLANDS 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
2022 16 NOV	£500,000	£318,081	57% above HPI
2017 12 APR	£300,000	£208,715	44% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The two OAKLANDS sales from April 2017 and November 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 April 2017 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 177m² according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where OAKLANDS lies on this distribution: 90% of detached houses are smaller than OAKLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Bacup.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on ROCHDALE ROAD in BACUP, in the OL13 postcode district. The below map shows the position of OAKLANDS on ROCHDALE ROAD.