16, SANDBY CLOSE, BACUP, OL13 9TP - £325,000

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.

16 SANDBY CLOSE is a large extended detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £347,975. It was last sold for £325,000 in November 2022, which was around 3% below the average November 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

16 SANDBY CLOSE Sold Prices

Land registry data shows three sales for 16 SANDBY CLOSE 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. Two of the three 16 SANDBY CLOSE sales were for below the average price, whilst one was 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
2022 16 NOV	£325,000	£333,355	3% below HPI
2012 7 FEB	£3,000	£198,284	98% below HPI
2009 30 OCT	£215,000	£190,899	13% above HPI

16 SANDBY 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 three 16 SANDBY CLOSE sales between October 2009 and November 2022 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 February 2012 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the November 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 SANDBY CLOSE be worth now?

16 SANDBY CLOSE might now be worth an estimated £347,975.

This is based on house price inflation of 7.1%, between November 2022 and March 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 7.1% inflationary increase is applied to the most recent sale price for 16 SANDBY CLOSE of £325,000 on 16th November 2022. For the value to have increased from £325,000 to £347,975 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 16 SANDBY CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The November 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SANDBY CLOSE has not materially changed since November 2022.

How Large is 16 SANDBY CLOSE?

16 SANDBY CLOSE is 131m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% 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 SANDBY CLOSE lies on this distribution: 72% of detached houses houses are smaller than 16 SANDBY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bacup.

16 SANDBY CLOSE: Plot and Title Map

16 SANDBY CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 16 SANDBY 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 SANDBY 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 SANDBY CLOSE?

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