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 ZION STREET is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £96,000 in July 2016, which was around 51% below the average July 2016 detached price in the Rossendale local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 ZION STREET since 1st 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 ZION STREET 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 |
---|---|---|---|
2016 8 JUL | £96,000 | £197,545 | 51% below HPI |
2003 20 JUN | £66,500 | £118,369 | 44% below HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The two 8 ZION STREET sales from June 2003 and July 2016 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 June 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
8 ZION STREET is 51m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 ZION STREET lies on this distribution: 1% of detached houses are smaller than 8 ZION STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Bacup.
8 ZION STREET sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 8 ZION STREET, 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 ZION STREET). 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 ZION STREET is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 8 on ZION STREET.