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 HIGHER CHANGE VILLAS is a very large extended semi-detached house of 253m², built sometime between 2003 and 2006. It was last sold for £159,950 in August 2015, which was around 14% below the average August 2015 detached price in the Rossendale local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 HIGHER CHANGE VILLAS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Two of the three 1 HIGHER CHANGE VILLAS sales were for below the average price, whilst one 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 |
---|---|---|---|
2015 27 AUG | £159,950 | £187,030 | 14% below HPI |
2007 7 SEP | £203,500 | £200,246 | 2% above HPI |
2006 5 JUN | £40,000 | £184,223 | 78% below HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The three 1 HIGHER CHANGE VILLAS sales between June 2006 and August 2015 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 September 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
1 HIGHER CHANGE VILLAS is 253m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 1 HIGHER CHANGE VILLAS lies on this distribution: 97% of detached houses are smaller than 1 HIGHER CHANGE VILLAS, and 3% of houses are larger. Note that EPC data is not available for all properties in Bacup.
1 HIGHER CHANGE VILLAS sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1 HIGHER CHANGE VILLAS, 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 HIGHER CHANGE VILLAS). 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.
1 HIGHER CHANGE VILLAS is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 1 on HIGHER CHANGE VILLAS.