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
8 WALTON CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £179,670 in January 2017, which was around 10% below the average January 2017 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 8 WALTON CLOSE since 1st 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. The three 8 WALTON CLOSE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2017 27 JAN | £179,670 | £200,165 | 10% below HPI |
2015 28 SEP | £163,000 | £188,509 | 14% below HPI |
2006 14 DEC | £193,500 | £192,660 | Close to HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The three 8 WALTON CLOSE sales between December 2006 and January 2017 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 September 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
8 WALTON CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 8 WALTON CLOSE lies on this distribution: 54% of detached houses are smaller than 8 WALTON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bacup.
8 WALTON CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 WALTON 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 8 WALTON 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.
8 WALTON CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 8 on WALTON CLOSE.