7, THE FERNS, BACUP, OL13 9RP - £160,000

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

7 THE FERNS is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £160,000 in March 2021, which was around 41% below the average March 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

7 THE FERNS Sold Prices

Land registry data shows five sales for 7 THE FERNS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. All of the five 7 THE FERNS 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	£160,000	£268,950	41% below HPI
2016 15 MAR	£120,000	£188,324	36% below HPI
2014 17 OCT	£93,000	£181,401	49% below HPI
2003 12 DEC	£97,000	£134,709	28% below HPI
2001 22 NOV	£64,950	£90,536	28% below HPI

7 THE FERNS 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 five 7 THE FERNS sales between November 2001 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 March 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 THE FERNS?

7 THE FERNS is 64m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 7 THE FERNS lies on this distribution: 3% of detached houses are smaller than 7 THE FERNS, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacup.

7 THE FERNS: Plot and Title Map

7 THE FERNS sits on a plot of roughly 0.434 of an acre, or 1,758m². The below map shows the location of 7 THE FERNS, 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 THE FERNS). 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 THE FERNS?

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