8, WOODLARK CLOSE, BACUP, OL13 9AT - £300,000

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 WOODLARK CLOSE is a very small detached house of 78m², built sometime from 2007 onwards, which could now be worth an estimated £318,413. It was last sold for £300,000 in October 2022, which was around 8% below the average October 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

8 WOODLARK CLOSE Sold Prices

Land registry data shows four sales for 8 WOODLARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Most of the four 8 WOODLARK 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
2022 14 OCT	£300,000	£325,266	8% below HPI
2018 10 SEP	£195,000	£233,819	17% below HPI
2018 1 AUG	£205,000	£233,595	12% below HPI
2008 11 APR	£219,995	£216,837	1% above HPI

8 WOODLARK 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 four 8 WOODLARK CLOSE sales between April 2008 and October 2022 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 WOODLARK CLOSE be worth now?

8 WOODLARK CLOSE might now be worth an estimated £318,413.

This is based on house price inflation of 6.1%, between October 2022 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 6.1% inflationary increase is applied to the most recent sale price for 8 WOODLARK CLOSE of £300,000 on 14th October 2022. For the value to have increased from £300,000 to £318,413 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WOODLARK CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The October 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOODLARK CLOSE has not materially changed since October 2022.

How Large is 8 WOODLARK CLOSE?

8 WOODLARK CLOSE is 78m² according to the EPC inspection conducted in April 2018. 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 WOODLARK CLOSE lies on this distribution: 12% of detached houses houses are smaller than 8 WOODLARK CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bacup.

8 WOODLARK CLOSE: Plot and Title Map

8 WOODLARK CLOSE sits on a plot of roughly 11.4 acres, or 46,155m². The below map shows the location of 8 WOODLARK 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 WOODLARK 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 8 WOODLARK CLOSE?

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