2, ONCHAN DRIVE, BACUP, OL13 9PX - £150,000

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

2 ONCHAN DRIVE is a large detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £257,539. It was last sold for £150,000 in November 2009, which was around 23% below the average November 2009 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 ONCHAN DRIVE Sold Prices

Land registry data shows two sales for 2 ONCHAN DRIVE 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. One of the two 2 ONCHAN DRIVE sales was for below the average price, whilst the other 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
2009 6 NOV	£150,000	£194,075	23% below HPI
2003 25 APR	£149,850	£118,868	26% above HPI

2 ONCHAN DRIVE 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 2 ONCHAN DRIVE sales from April 2003 and November 2009 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 April 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 ONCHAN DRIVE be worth now?

2 ONCHAN DRIVE might now be worth an estimated £257,539.

This is based on house price inflation of 71.7%, between November 2009 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 71.7% inflationary increase is applied to the most recent sale price for 2 ONCHAN DRIVE of £150,000 on 6th November 2009. For the value to have increased from £150,000 to £257,539 over the fourteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 ONCHAN DRIVE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The November 2009 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ONCHAN DRIVE has not materially changed since November 2009.

How Large is 2 ONCHAN DRIVE?

2 ONCHAN DRIVE is 118m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% 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 2 ONCHAN DRIVE lies on this distribution: 61% of detached houses houses are smaller than 2 ONCHAN DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bacup.

2 ONCHAN DRIVE: Plot and Title Map

2 ONCHAN DRIVE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 2 ONCHAN DRIVE, 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 2 ONCHAN DRIVE). 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 2 ONCHAN DRIVE?

2 ONCHAN DRIVE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 2 on ONCHAN DRIVE.