44, PHILIPS ROAD, BACUP, OL13 8RH - £49,000

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

44 PHILIPS ROAD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £49,000 in December 1997, which was around 32% below the average December 1997 detached price in the Rossendale local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

44 PHILIPS ROAD Sold Prices

Land registry data shows two sales for 44 PHILIPS ROAD 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 44 PHILIPS ROAD sales 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
1997 22 DEC	£49,000	£71,664	32% below HPI
1995 27 JAN	£53,950	£60,940	11% below HPI

44 PHILIPS ROAD 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 44 PHILIPS ROAD sales from January 1995 and December 1997 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 January 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 1997 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 44 PHILIPS ROAD?

44 PHILIPS ROAD is 69m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Weir, based on EPC data. The below chart shows the distribution of detached houses by size in Weir, and where 44 PHILIPS ROAD lies on this distribution: 8% of detached houses are smaller than 44 PHILIPS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Weir.

44 PHILIPS ROAD: Plot and Title Map

44 PHILIPS ROAD sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 44 PHILIPS ROAD, 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 44 PHILIPS ROAD). 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 44 PHILIPS ROAD?

44 PHILIPS ROAD is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 44 on PHILIPS ROAD.