17, BANKSIDE LANE, BACUP, OL13 8HJ - £123,000

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.

17 BANKSIDE LANE is a small extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £222,172. It was last sold for £123,000 in September 2015, which was around 8% above the average September 2015 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was A.

17 BANKSIDE LANE Sold Prices

Land registry data shows four sales for 17 BANKSIDE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. All of the four 17 BANKSIDE LANE 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
2015 25 SEP	£123,000	£113,992	8% above HPI
2007 16 FEB	£149,950	£117,595	28% above HPI
2002 25 MAR	£84,950	£49,187	73% above HPI
1995 10 NOV	£60,000	£37,859	58% above HPI

17 BANKSIDE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rossendale local authority area over time, sourced from the HPI. The four 17 BANKSIDE LANE sales between November 1995 and September 2015 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 17 BANKSIDE LANE be worth now?

17 BANKSIDE LANE might now be worth an estimated £222,172.

This is based on house price inflation of 80.6%, between September 2015 and February 2025, for semi-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 80.6% inflationary increase is applied to the most recent sale price for 17 BANKSIDE LANE of £123,000 on 25th September 2015. For the value to have increased from £123,000 to £222,172 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 BANKSIDE LANE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The September 2015 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BANKSIDE LANE has not materially changed since September 2015.

How Large is 17 BANKSIDE LANE?

17 BANKSIDE LANE is 97m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% of semi-detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bacup, and where 17 BANKSIDE LANE lies on this distribution: 30% of semi-detached houses houses are smaller than 17 BANKSIDE LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bacup.

17 BANKSIDE LANE: Plot and Title Map

17 BANKSIDE LANE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 17 BANKSIDE LANE, 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 17 BANKSIDE LANE). 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 17 BANKSIDE LANE?

17 BANKSIDE LANE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 17 on BANKSIDE LANE.