22, MADEN ROAD, BACUP, OL13 8HY - £250,000

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

22 MADEN ROAD is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2021, which was around 5% below the average February 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

22 MADEN ROAD Sold Prices

Land registry data shows five sales for 22 MADEN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. The five 22 MADEN ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2021 10 FEB	£250,000	£263,588	5% below HPI
2014 21 NOV	£175,000	£180,965	3% below HPI
2007 28 SEP	£197,000	£200,246	2% below HPI
2005 29 MAR	£180,000	£174,745	3% above HPI
2001 25 MAY	£87,000	£86,834	Close to HPI

22 MADEN ROAD 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 five 22 MADEN ROAD sales between May 2001 and February 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 November 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 22 MADEN ROAD?

22 MADEN ROAD is 120m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 22 MADEN ROAD lies on this distribution: 62% of detached houses are smaller than 22 MADEN ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Bacup.

22 MADEN ROAD: Plot and Title Map

22 MADEN ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 22 MADEN ROAD, 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 22 MADEN ROAD). 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 22 MADEN ROAD?

22 MADEN ROAD is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 22 on MADEN ROAD.