1, COAL PIT LANE, BACUP, OL13 9HA - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 COAL PIT LANE is a large extended detached house of 141m², built sometime before 1900. It was last sold for £270,000 in June 2021, which was around 4% below the average June 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

1 COAL PIT LANE Sold Prices

Land registry data shows two sales for 1 COAL PIT LANE 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. One of the two 1 COAL PIT LANE 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
2021 28 JUN	£270,000	£281,833	4% below HPI
2005 22 DEC	£260,000	£197,750	31% above HPI

1 COAL PIT LANE 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 1 COAL PIT LANE sales from December 2005 and June 2021 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 December 2005 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 COAL PIT LANE?

1 COAL PIT LANE is 141m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 1 COAL PIT LANE lies on this distribution: 80% of detached houses are smaller than 1 COAL PIT LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Bacup.

1 COAL PIT LANE: Plot and Title Map

1 COAL PIT LANE sits on a plot of roughly 0.428 of an acre, or 1,730m². The below map shows the location of 1 COAL PIT LANE, 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 1 COAL PIT LANE). 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 1 COAL PIT LANE?

1 COAL PIT LANE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 1 on COAL PIT LANE.