7, RONALDSWAY CLOSE, BACUP, OL13 9PY - £150,000

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

7 RONALDSWAY CLOSE is a midsized detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £265,795. It was last sold for £150,000 in July 2012, which was around 20% below the average July 2012 detached price in the Rossendale local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

7 RONALDSWAY CLOSE Sold Prices

Land registry data shows three sales for 7 RONALDSWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. All of the three 7 RONALDSWAY 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
2012 20 JUL	£150,000	£188,047	20% below HPI
2007 23 JAN	£170,000	£201,471	16% below HPI
1998 19 JUN	£59,950	£76,022	21% below HPI

7 RONALDSWAY 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 three 7 RONALDSWAY CLOSE sales between June 1998 and July 2012 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 RONALDSWAY CLOSE be worth now?

7 RONALDSWAY CLOSE might now be worth an estimated £265,795.

This is based on house price inflation of 77.2%, between July 2012 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 77.2% inflationary increase is applied to the most recent sale price for 7 RONALDSWAY CLOSE of £150,000 on 20th July 2012. For the value to have increased from £150,000 to £265,795 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 RONALDSWAY CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The July 2012 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RONALDSWAY CLOSE has not materially changed since July 2012.

How Large is 7 RONALDSWAY CLOSE?

7 RONALDSWAY CLOSE is 113m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% 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 RONALDSWAY CLOSE lies on this distribution: 45% of detached houses houses are smaller than 7 RONALDSWAY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bacup.

7 RONALDSWAY CLOSE: Plot and Title Map

7 RONALDSWAY CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 7 RONALDSWAY 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 7 RONALDSWAY 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 7 RONALDSWAY CLOSE?

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