16, RONALDSWAY CLOSE, BACUP, OL13 9PY - £162,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 RONALDSWAY CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £292,742. It was last sold for £162,000 in June 2012, which was around 12% below the average June 2012 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

16 RONALDSWAY CLOSE Sold Prices

Land registry data shows two sales for 16 RONALDSWAY CLOSE 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 16 RONALDSWAY CLOSE 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
2012 22 JUN	£162,000	£184,396	12% below HPI
2000 10 NOV	£65,000	£87,799	26% below HPI

16 RONALDSWAY 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 two 16 RONALDSWAY CLOSE sales from November 2000 and June 2012 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 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 RONALDSWAY CLOSE be worth now?

16 RONALDSWAY CLOSE might now be worth an estimated £292,742.

This is based on house price inflation of 80.7%, between June 2012 and December 2024, 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 80.7% inflationary increase is applied to the most recent sale price for 16 RONALDSWAY CLOSE of £162,000 on 22nd June 2012. For the value to have increased from £162,000 to £292,742 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 16 RONALDSWAY CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The June 2012 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RONALDSWAY CLOSE has not materially changed since June 2012.

How Large is 16 RONALDSWAY CLOSE?

16 RONALDSWAY CLOSE is 112m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% 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 16 RONALDSWAY CLOSE lies on this distribution: 43% of detached houses houses are smaller than 16 RONALDSWAY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bacup.

16 RONALDSWAY CLOSE: Plot and Title Map

16 RONALDSWAY CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 16 RONALDSWAY 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 16 RONALDSWAY 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 16 RONALDSWAY CLOSE?

16 RONALDSWAY CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 16 on RONALDSWAY CLOSE.