113, BANKSIDE LANE, BACUP, OL13 8HP - £260,000

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

113 BANKSIDE LANE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £260,000 in December 2020, which was about the average December 2020 detached price in the Rossendale local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

113 BANKSIDE LANE Sold Prices

Land registry data shows two sales for 113 BANKSIDE 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 113 BANKSIDE LANE sales was roughly equal to the average price, whilst the other was for below 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	£260,000	£259,348	Close to HPI
1996 13 JUN	£55,000	£65,053	15% below HPI

113 BANKSIDE 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 113 BANKSIDE LANE sales from June 1996 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 June 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 113 BANKSIDE LANE?

113 BANKSIDE LANE is 116m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 113 BANKSIDE LANE lies on this distribution: 54% of detached houses are smaller than 113 BANKSIDE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bacup.

113 BANKSIDE LANE: Plot and Title Map

113 BANKSIDE LANE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 113 BANKSIDE 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 113 BANKSIDE 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 113 BANKSIDE LANE?

113 BANKSIDE LANE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 113 on BANKSIDE LANE.