3, COTTONMILL COURT, BACUP, OL13 9AY - £310,000

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.

3 COTTONMILL COURT is a very large detached house of 162m², which could now be worth an estimated £411,225. It was last sold for £310,000 in September 2020, which was around 19% above the average September 2020 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

3 COTTONMILL COURT Sold Prices

Land registry data shows two sales for 3 COTTONMILL COURT since 1^st 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. Both of the two 3 COTTONMILL COURT 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
2020 1 SEP	£310,000	£260,250	19% above HPI
2014 28 MAR	£274,995	£181,737	51% above HPI

3 COTTONMILL COURT 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 two 3 COTTONMILL COURT sales from March 2014 and September 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 March 2014 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 COTTONMILL COURT be worth now?

3 COTTONMILL COURT might now be worth an estimated £411,225.

This is based on house price inflation of 32.7%, between September 2020 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 32.7% inflationary increase is applied to the most recent sale price for 3 COTTONMILL COURT of £310,000 on 1st September 2020. For the value to have increased from £310,000 to £411,225 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 COTTONMILL COURT has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COTTONMILL COURT has not materially changed since September 2020.

How Large is 3 COTTONMILL COURT?

3 COTTONMILL COURT is 162m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% 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 3 COTTONMILL COURT lies on this distribution: 88% of detached houses houses are smaller than 3 COTTONMILL COURT, and 12% of houses are larger. Note that EPC data is not available for all properties in Bacup.

3 COTTONMILL COURT: Plot and Title Map

3 COTTONMILL COURT sits on a plot of roughly 2.6 acres, or 10,723m². The below map shows the location of 3 COTTONMILL COURT, 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 3 COTTONMILL COURT). 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 3 COTTONMILL COURT?

3 COTTONMILL COURT is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 3 on COTTONMILL COURT.