8, GREAVE CLOUGH DRIVE, BACUP, OL13 9HP - £110,000

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.

8 GREAVE CLOUGH DRIVE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £206,204. It was last sold for £110,000 in June 2014, which was around 40% below the average June 2014 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

8 GREAVE CLOUGH DRIVE Sold Prices

Land registry data shows two sales for 8 GREAVE CLOUGH DRIVE 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 8 GREAVE CLOUGH DRIVE 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
2014 27 JUN	£110,000	£184,164	40% below HPI
1998 7 AUG	£49,950	£78,257	36% below HPI

8 GREAVE CLOUGH DRIVE 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 8 GREAVE CLOUGH DRIVE sales from August 1998 and June 2014 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 August 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 8 GREAVE CLOUGH DRIVE be worth now?

8 GREAVE CLOUGH DRIVE might now be worth an estimated £206,204.

This is based on house price inflation of 87.5%, between June 2014 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 87.5% inflationary increase is applied to the most recent sale price for 8 GREAVE CLOUGH DRIVE of £110,000 on 27th June 2014. For the value to have increased from £110,000 to £206,204 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 8 GREAVE CLOUGH DRIVE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The June 2014 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREAVE CLOUGH DRIVE has not materially changed since June 2014.

How Large is 8 GREAVE CLOUGH DRIVE?

8 GREAVE CLOUGH DRIVE is 80m² according to the EPC inspection conducted in February 2010. 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 8 GREAVE CLOUGH DRIVE lies on this distribution: 17% of detached houses houses are smaller than 8 GREAVE CLOUGH DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bacup.

8 GREAVE CLOUGH DRIVE: Plot and Title Map

8 GREAVE CLOUGH DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 8 GREAVE CLOUGH DRIVE, 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 8 GREAVE CLOUGH DRIVE). 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 8 GREAVE CLOUGH DRIVE?

8 GREAVE CLOUGH DRIVE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 8 on GREAVE CLOUGH DRIVE.