7, FARRINGTON ROAD, BACUP, OL13 9TE - £182,000

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.

7 FARRINGTON ROAD is a very small detached house of 75m², built sometime from 2007 onwards, which could now be worth an estimated £222,396. It was last sold for £182,000 in March 2021, which was around 36% below the average March 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 FARRINGTON ROAD Sold Prices

Land registry data shows four sales for 7 FARRINGTON ROAD 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. All of the four 7 FARRINGTON 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
2021 19 MAR	£182,000	£282,522	36% below HPI
2012 17 FEB	£127,000	£198,284	36% below HPI
2009 12 FEB	£120,000	£183,465	35% below HPI
2007 22 MAR	£139,950	£201,036	30% below HPI

7 FARRINGTON 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 four 7 FARRINGTON ROAD sales between March 2007 and March 2021 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 February 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, which was also at 36% below the HPI.

What might 7 FARRINGTON ROAD be worth now?

7 FARRINGTON ROAD might now be worth an estimated £222,396.

This is based on house price inflation of 22.2%, between March 2021 and February 2025, 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 22.2% inflationary increase is applied to the most recent sale price for 7 FARRINGTON ROAD of £182,000 on 19th March 2021. For the value to have increased from £182,000 to £222,396 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 7 FARRINGTON ROAD has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The March 2021 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARRINGTON ROAD has not materially changed since March 2021.

How Large is 7 FARRINGTON ROAD?

7 FARRINGTON ROAD is 75m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 7 FARRINGTON ROAD lies on this distribution: 9% of detached houses houses are smaller than 7 FARRINGTON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Bacup.

7 FARRINGTON ROAD: Plot and Title Map

7 FARRINGTON ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 FARRINGTON 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 7 FARRINGTON 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 7 FARRINGTON ROAD?

7 FARRINGTON ROAD is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 7 on FARRINGTON ROAD.