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
216 NEW LINE is a very large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £287,000 in June 2021, which was around 2% above the average June 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 216 NEW LINE since 1st 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 216 NEW LINE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 18 JUN | £287,000 | £281,833 | 2% above HPI |
2007 17 JAN | £120,000 | £191,793 | 37% below HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The two 216 NEW LINE sales from January 2007 and June 2021 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 January 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
216 NEW LINE is 154m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 216 NEW LINE lies on this distribution: 85% of detached houses are smaller than 216 NEW LINE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bacup.
216 NEW LINE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 216 NEW LINE, 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 216 NEW LINE). 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.
216 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 216 on NEW LINE.