15, LEES STREET, BACUP, OL13 9SU - £331,000

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.

15 LEES STREET is a very large extended detached house of 157m², built sometime between 1991 and 1995, which could now be worth an estimated £392,176. It was last sold for £331,000 in May 2021, which was around 14% above the average May 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

15 LEES STREET Sold Prices

Land registry data shows two sales for 15 LEES STREET 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 LEES STREET sales 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
2021 28 MAY	£331,000	£291,377	14% above HPI
2006 5 MAY	£245,000	£192,229	27% above HPI

15 LEES STREET 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 LEES STREET sales from May 2006 and May 2021 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 May 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 15 LEES STREET be worth now?

15 LEES STREET might now be worth an estimated £392,176.

This is based on house price inflation of 18.5%, between May 2021 and February 2025, for detached 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 18.5% inflationary increase is applied to the most recent sale price for 15 LEES STREET of £331,000 on 28th May 2021. For the value to have increased from £331,000 to £392,176 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 15 LEES STREET has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The May 2021 sale price of £331,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LEES STREET has not materially changed since May 2021.

How Large is 15 LEES STREET?

15 LEES STREET is 157m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacup, and where 15 LEES STREET lies on this distribution: 86% of detached houses houses are smaller than 15 LEES STREET, and 14% of houses are larger. Note that EPC data is not available for all properties in Bacup.

15 LEES STREET: Plot and Title Map

15 LEES STREET sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 15 LEES STREET, 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 LEES STREET). 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 LEES STREET?

15 LEES STREET is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 15 on LEES STREET.