248, NEW LINE, BACUP, OL13 9RX - £292,500

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

248 NEW LINE is a very large extended detached house of 182m², built sometime between 1976 and 1982. It was last sold for £292,500 in September 2019, which was around 26% above the average September 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

248 NEW LINE Sold Prices

Land registry data shows three sales for 248 NEW LINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. All of the three 248 NEW LINE sales were 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
2019 20 SEP	£292,500	£232,326	26% above HPI
2011 15 DEC	£228,000	£181,367	26% above HPI
2009 30 JUN	£280,000	£179,216	56% above HPI

248 NEW LINE 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 three 248 NEW LINE sales between June 2009 and September 2019 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 December 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2019 sale, which was also at 26% above the HPI.

How Large is 248 NEW LINE?

248 NEW LINE is 182m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 248 NEW LINE lies on this distribution: 91% of detached houses are smaller than 248 NEW LINE, and 9% of houses are larger. Note that EPC data is not available for all properties in Bacup.

248 NEW LINE: Plot and Title Map

248 NEW LINE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 248 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 248 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.

Where is 248 NEW LINE?

248 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 248 on NEW LINE.