1, VARLEY CLOSE, BACUP, OL13 9SH - £200,000

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 VARLEY CLOSE is a midsized detached house of 116m². It was last sold for £200,000 in October 2019, which was around 15% below the average October 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

1 VARLEY CLOSE Sold Prices

Land registry data shows three sales for 1 VARLEY CLOSE since 1^st 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. One of the three 1 VARLEY CLOSE sales was for below the average price, whilst two 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
2019 1 OCT	£200,000	£234,599	15% below HPI
2017 7 DEC	£218,000	£216,558	1% above HPI
2014 5 DEC	£204,950	£182,574	12% above HPI

1 VARLEY CLOSE 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 three 1 VARLEY CLOSE sales between December 2014 and October 2019 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 VARLEY CLOSE?

1 VARLEY CLOSE is 116m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 VARLEY CLOSE lies on this distribution: 54% of detached houses are smaller than 1 VARLEY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bacup.

1 VARLEY CLOSE: Plot and Title Map

1 VARLEY CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 VARLEY CLOSE, 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 VARLEY CLOSE). 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 VARLEY CLOSE?

1 VARLEY CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 1 on VARLEY CLOSE.