15, THORN BANK, BACUP, OL13 9LD - £155,000

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 THORN BANK is a large extended detached house of 127m², built sometime between 1900 and 1929. It was last sold for £155,000 in March 2023, which was around 48% below the average March 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

15 THORN BANK Sold Prices

Land registry data shows three sales for 15 THORN BANK 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. All of the three 15 THORN BANK 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
2023 3 MAR	£155,000	£300,831	48% below HPI
2019 29 NOV	£140,000	£233,920	40% below HPI
2006 12 MAY	£110,000	£182,995	40% below HPI

15 THORN BANK 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 15 THORN BANK sales between May 2006 and March 2023 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 15 THORN BANK?

15 THORN BANK is 127m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% 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 THORN BANK lies on this distribution: 68% of detached houses are smaller than 15 THORN BANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Bacup.

15 THORN BANK: Plot and Title Map

15 THORN BANK sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 15 THORN BANK, 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 THORN BANK). 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 THORN BANK?

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