4, BANKSIDE CLOSE, BACUP, OL13 8HZ - £237,500

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

4 BANKSIDE CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £237,500 in November 2019, which was around 2% above the average November 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

4 BANKSIDE CLOSE Sold Prices

Land registry data shows four sales for 4 BANKSIDE CLOSE since 1^st 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. two of the four 4 BANKSIDE CLOSE sales were for above the average price, and four 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
2019 28 NOV	£237,500	£233,920	2% above HPI
2017 11 DEC	£222,000	£216,558	3% above HPI
2008 16 MAY	£191,000	£206,784	8% below HPI
2007 2 MAY	£135,000	£199,386	32% below HPI

4 BANKSIDE CLOSE 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 four 4 BANKSIDE CLOSE sales between May 2007 and November 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 4 BANKSIDE CLOSE?

4 BANKSIDE CLOSE is 75m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 4 BANKSIDE CLOSE lies on this distribution: 9% of detached houses are smaller than 4 BANKSIDE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bacup.

4 BANKSIDE CLOSE: Plot and Title Map

4 BANKSIDE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 4 BANKSIDE CLOSE, 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 4 BANKSIDE CLOSE). 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 4 BANKSIDE CLOSE?

4 BANKSIDE CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 4 on BANKSIDE CLOSE.