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

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.

22 MADEN ROAD is a large extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £311,704. It was last sold for £250,000 in February 2021, which was around 10% 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. All of the five 22 MADEN ROAD sales were 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 10 FEB	£250,000	£276,889	10% below HPI
2014 21 NOV	£175,000	£190,096	8% below HPI
2007 28 SEP	£197,000	£210,351	6% below HPI
2005 29 MAR	£180,000	£183,563	2% below HPI
2001 25 MAY	£87,000	£91,216	5% below 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 22 MADEN ROAD be worth now?

22 MADEN ROAD might now be worth an estimated £311,704.

This is based on house price inflation of 24.7%, between February 2021 and February 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 24.7% inflationary increase is applied to the most recent sale price for 22 MADEN ROAD of £250,000 on 10th February 2021. For the value to have increased from £250,000 to £311,704 over the four years to February 2025, the following assumptions must hold true:

• The value of 22 MADEN ROAD has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The February 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MADEN ROAD has not materially changed since February 2021.

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 houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacup, and where 22 MADEN ROAD lies on this distribution: 61% of detached houses 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.