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
222 NEW LINE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £210,000 in June 2020, which was around 11% below the average June 2020 detached price in the Rossendale local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 222 NEW LINE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Most of the four 222 NEW LINE 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 |
---|---|---|---|
2020 1 JUN | £210,000 | £235,761 | 11% below HPI |
2007 10 MAY | £195,000 | £199,386 | 2% below HPI |
2001 20 JUL | £92,000 | £85,189 | 8% above HPI |
1996 6 DEC | £58,000 | £63,740 | 9% below HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The four 222 NEW LINE sales between December 1996 and June 2020 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 May 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
222 NEW LINE is 113m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 222 NEW LINE lies on this distribution: 46% of detached houses are smaller than 222 NEW LINE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bacup.
222 NEW LINE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 222 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 222 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.
222 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 222 on NEW LINE.