15, GREAVE CLOUGH DRIVE, BACUP, OL13 9HP - £165,000

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

15 GREAVE CLOUGH DRIVE is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £165,000 in May 2016, which was around 14% below the average May 2016 detached price in the Rossendale local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

15 GREAVE CLOUGH DRIVE Sold Prices

Land registry data shows two sales for 15 GREAVE CLOUGH DRIVE 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. Both of the two 15 GREAVE CLOUGH DRIVE sales were 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
2016 13 MAY	£165,000	£192,463	14% below HPI
2007 15 NOV	£190,000	£209,885	9% below HPI

15 GREAVE CLOUGH DRIVE 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 15 GREAVE CLOUGH DRIVE sales from November 2007 and May 2016 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 November 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 GREAVE CLOUGH DRIVE?

15 GREAVE CLOUGH DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in September 2011. 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 15 GREAVE CLOUGH DRIVE lies on this distribution: 77% of detached houses are smaller than 15 GREAVE CLOUGH DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bacup.

15 GREAVE CLOUGH DRIVE: Plot and Title Map

15 GREAVE CLOUGH DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 15 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 15 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 15 GREAVE CLOUGH DRIVE?

15 GREAVE CLOUGH DRIVE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 15 on GREAVE CLOUGH DRIVE.