1, GREAVE CLOUGH DRIVE, BACUP, OL13 9HP - £106,000

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.

1 GREAVE CLOUGH DRIVE is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £135,854. It was last sold for £106,000 in December 2020, which was around 11% below the average December 2020 terraced price in the Rossendale local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

1 GREAVE CLOUGH DRIVE Sold Prices

Land registry data shows four sales for 1 GREAVE CLOUGH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Rossendale local authority area for the corresponding sale date. two of the four 1 GREAVE CLOUGH DRIVE 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
2020 18 DEC	£106,000	£119,306	11% below HPI
2010 8 JAN	£78,400	£90,475	13% below HPI
2001 17 AUG	£40,000	£36,243	10% above HPI
1998 30 JAN	£37,950	£30,711	24% above HPI

1 GREAVE CLOUGH DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rossendale local authority area over time, sourced from the HPI. The four 1 GREAVE CLOUGH DRIVE sales between January 1998 and December 2020 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 January 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 GREAVE CLOUGH DRIVE be worth now?

1 GREAVE CLOUGH DRIVE might now be worth an estimated £135,854.

This is based on house price inflation of 28.2%, between December 2020 and July 2025, for terraced houses, in the Rossendale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.2% inflationary increase is applied to the most recent sale price for 1 GREAVE CLOUGH DRIVE of £106,000 on 18th December 2020. For the value to have increased from £106,000 to £135,854 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 1 GREAVE CLOUGH DRIVE has moved in line with the HPI for terraced houses in the Rossendale local authority area.
• The December 2020 sale price of £106,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREAVE CLOUGH DRIVE has not materially changed since December 2020.

How Large is 1 GREAVE CLOUGH DRIVE?

1 GREAVE CLOUGH DRIVE is 63m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Bacup, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bacup, and where 1 GREAVE CLOUGH DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 1 GREAVE CLOUGH DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacup.

1 GREAVE CLOUGH DRIVE: Plot and Title Map

1 GREAVE CLOUGH DRIVE sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 1 GREAVE CLOUGH DRIVE, 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 GREAVE CLOUGH DRIVE). 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 GREAVE CLOUGH DRIVE?

1 GREAVE CLOUGH DRIVE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 1 on GREAVE CLOUGH DRIVE.