5, MADEN CLOSE, BACUP, OL13 8HW - £165,000

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

5 MADEN CLOSE is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £165,000 in December 2013, which was around 8% below the average December 2013 detached price in the Rossendale local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

5 MADEN CLOSE Sold Prices

Land registry data shows two sales for 5 MADEN 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. One of the two 5 MADEN CLOSE sales was for below the average price, whilst the other was 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
2013 3 DEC	£165,000	£179,326	8% below HPI
2001 6 JUL	£92,000	£85,189	8% above HPI

5 MADEN 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 MADEN CLOSE sales from July 2001 and December 2013 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 July 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 MADEN CLOSE?

5 MADEN CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 5 MADEN CLOSE lies on this distribution: 26% of detached houses are smaller than 5 MADEN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bacup.

5 MADEN CLOSE: Plot and Title Map

5 MADEN CLOSE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 5 MADEN 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 MADEN 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 MADEN CLOSE?

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