38, RAMSEY AVENUE, BACUP, OL13 9PG - £207,000

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.

38 RAMSEY AVENUE is a small extended semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £225,066. It was last sold for £207,000 in August 2023, which was around 9% above the average August 2023 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

38 RAMSEY AVENUE Sold Prices

Land registry data shows five sales for 38 RAMSEY AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. Most of the five 38 RAMSEY AVENUE 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
2023 18 AUG	£207,000	£189,373	9% above HPI
2021 21 OCT	£950	£176,942	99% below HPI
2015 28 MAY	£127,500	£110,535	15% above HPI
2002 22 MAR	£51,000	£49,187	4% above HPI
1998 4 DEC	£38,000	£41,808	9% below HPI

38 RAMSEY AVENUE 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 five 38 RAMSEY AVENUE sales between December 1998 and August 2023 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 October 2021 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the August 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 38 RAMSEY AVENUE be worth now?

38 RAMSEY AVENUE might now be worth an estimated £225,066.

This is based on house price inflation of 8.7%, between August 2023 and February 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 8.7% inflationary increase is applied to the most recent sale price for 38 RAMSEY AVENUE of £207,000 on 18th August 2023. For the value to have increased from £207,000 to £225,066 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 38 RAMSEY AVENUE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The August 2023 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RAMSEY AVENUE has not materially changed since August 2023.

How Large is 38 RAMSEY AVENUE?

38 RAMSEY AVENUE is 104m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% 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 38 RAMSEY AVENUE lies on this distribution: 36% of semi-detached houses houses are smaller than 38 RAMSEY AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bacup.

38 RAMSEY AVENUE: Plot and Title Map

38 RAMSEY AVENUE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 38 RAMSEY AVENUE, 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 38 RAMSEY AVENUE). 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 38 RAMSEY AVENUE?

38 RAMSEY AVENUE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 38 on RAMSEY AVENUE.