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

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

8 WOODLARK CLOSE is a very small detached house of 78m², built sometime from 2007 onwards. It was last sold for £300,000 in October 2022, which was around 3% 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	£309,641	3% below HPI
2018 10 SEP	£195,000	£222,587	12% below HPI
2018 1 AUG	£205,000	£222,374	8% below HPI
2008 11 APR	£219,995	£206,421	7% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

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 in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where 8 WOODLARK CLOSE lies on this distribution: 13% of detached houses are smaller than 8 WOODLARK CLOSE, and 87% 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 46,331m². 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.