5, CALLOW CLOSE, BACUP, OL13 9SJ - £242,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CALLOW CLOSE is a very small extended detached house of 79m², built sometime between 2007 and 2011, which could now be worth an estimated £253,716. It was last sold for £242,500 in July 2022, which was around 24% below the average July 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

5 CALLOW CLOSE Sold Prices

Land registry data shows two sales for 5 CALLOW CLOSE 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 5 CALLOW CLOSE 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
2022 29 JUL	£242,500	£318,483	24% below HPI
2013 25 JAN	£143,000	£180,718	21% below HPI

5 CALLOW 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 two 5 CALLOW CLOSE sales from January 2013 and July 2022 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 CALLOW CLOSE be worth now?

5 CALLOW CLOSE might now be worth an estimated £253,716.

This is based on house price inflation of 4.6%, between July 2022 and December 2024, 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 4.6% inflationary increase is applied to the most recent sale price for 5 CALLOW CLOSE of £242,500 on 29th July 2022. For the value to have increased from £242,500 to £253,716 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 5 CALLOW CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The July 2022 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CALLOW CLOSE has not materially changed since July 2022.

How Large is 5 CALLOW CLOSE?

5 CALLOW CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 5 CALLOW CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 CALLOW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bacup.

5 CALLOW CLOSE: Plot and Title Map

5 CALLOW CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 5 CALLOW 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 5 CALLOW 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 5 CALLOW CLOSE?

5 CALLOW CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 5 on CALLOW CLOSE.