3, ROSEMOUNT, BACUP, OL13 9HG - £122,000

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 ROSEMOUNT is a very small semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £202,503. It was last sold for £122,000 in July 2016, which was around 2% above the average July 2016 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 ROSEMOUNT Sold Prices

Land registry data shows two sales for 3 ROSEMOUNT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. One of the two 3 ROSEMOUNT sales was for above the average price, whilst the other was 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
2016 29 JUL	£122,000	£120,101	2% above HPI
2009 11 DEC	£104,000	£116,264	11% below HPI

3 ROSEMOUNT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rossendale local authority area over time, sourced from the HPI. The two 3 ROSEMOUNT sales from December 2009 and July 2016 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 ROSEMOUNT be worth now?

3 ROSEMOUNT might now be worth an estimated £202,503.

This is based on house price inflation of 66%, between July 2016 and July 2025, for semi-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 66% inflationary increase is applied to the most recent sale price for 3 ROSEMOUNT of £122,000 on 29th July 2016. For the value to have increased from £122,000 to £202,503 over the nine years to July 2025, the following assumptions must hold true:

• The value of 3 ROSEMOUNT has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The July 2016 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROSEMOUNT has not materially changed since July 2016.

How Large is 3 ROSEMOUNT?

3 ROSEMOUNT is 74m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bacup, and where 3 ROSEMOUNT lies on this distribution: 8% of semi-detached houses houses are smaller than 3 ROSEMOUNT, and 91% of houses are larger. Note that EPC data is not available for all properties in Bacup.

3 ROSEMOUNT: Plot and Title Map

3 ROSEMOUNT sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 ROSEMOUNT, 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 ROSEMOUNT). 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 ROSEMOUNT?

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