82, BANKSIDE LANE, BACUP, OL13 8HP - £80,000

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.

82 BANKSIDE LANE is a small extended semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £154,617. It was last sold for £80,000 in October 2013, which was around 25% below the average October 2013 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

82 BANKSIDE LANE Sold Prices

Land registry data shows two sales for 82 BANKSIDE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. Both of the two 82 BANKSIDE LANE 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
2013 4 OCT	£80,000	£106,535	25% below HPI
2007 16 JUL	£80,000	£125,170	36% below HPI

82 BANKSIDE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rossendale local authority area over time, sourced from the HPI. The two 82 BANKSIDE LANE sales from July 2007 and October 2013 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 July 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 82 BANKSIDE LANE be worth now?

82 BANKSIDE LANE might now be worth an estimated £154,617.

This is based on house price inflation of 93.3%, between October 2013 and February 2025, for semi-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 93.3% inflationary increase is applied to the most recent sale price for 82 BANKSIDE LANE of £80,000 on 4th October 2013. For the value to have increased from £80,000 to £154,617 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 82 BANKSIDE LANE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The October 2013 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 82 BANKSIDE LANE has not materially changed since October 2013.

How Large is 82 BANKSIDE LANE?

82 BANKSIDE LANE is 93m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of semi-detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bacup, and where 82 BANKSIDE LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 82 BANKSIDE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bacup.

82 BANKSIDE LANE: Plot and Title Map

82 BANKSIDE LANE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 82 BANKSIDE LANE, 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 82 BANKSIDE LANE). 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 82 BANKSIDE LANE?

82 BANKSIDE LANE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 82 on BANKSIDE LANE.