8, THE FERNS, BACUP, OL13 9RP - £99,000

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 THE FERNS is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £199,121. It was last sold for £99,000 in October 2004, which was around 42% below the average October 2004 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 THE FERNS Sold Prices

Land registry data shows two sales for 8 THE FERNS 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 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
2004 22 OCT	£99,000	£171,643	42% below HPI
2000 10 MAR	£69,950	£84,252	17% below HPI

8 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 two 8 THE FERNS sales from March 2000 and October 2004 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2004 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 8 THE FERNS be worth now?

8 THE FERNS might now be worth an estimated £199,121.

This is based on house price inflation of 101.1%, between October 2004 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 101.1% inflationary increase is applied to the most recent sale price for 8 THE FERNS of £99,000 on 22nd October 2004. For the value to have increased from £99,000 to £199,121 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 THE FERNS has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The October 2004 sale price of £99,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE FERNS has not materially changed since October 2004.

How Large is 8 THE FERNS?

8 THE FERNS is 63m² according to the EPC inspection conducted in February 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 8 THE FERNS lies on this distribution: 2% of detached houses houses are smaller than 8 THE FERNS, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacup.

8 THE FERNS: Plot and Title Map

8 THE FERNS sits on a plot of roughly 0.434 of an acre, or 1,758m². The below map shows the location of 8 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 8 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 8 THE FERNS?

8 THE FERNS is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 8 on THE FERNS.