ELM HOUSE, ELM STREET, BACUP, OL13 9EB - £330,000

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

ELM HOUSE is a very large extended detached house of 194m², built sometime before 1900. It was last sold for £330,000 in June 2023, which was around 4% above the average June 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

ELM HOUSE Sold Prices

Land registry data shows three sales for ELM HOUSE since 1^st 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. All of the three ELM HOUSE sales were for above 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
2023 1 JUN	£330,000	£318,207	4% above HPI
1997 16 JUL	£95,950	£69,516	38% above HPI
1996 30 APR	£86,000	£67,399	28% above HPI

ELM HOUSE 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 three ELM HOUSE sales between April 1996 and June 2023 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is ELM HOUSE?

ELM HOUSE is 194m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 ELM HOUSE lies on this distribution: 93% of detached houses are smaller than ELM HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bacup.

ELM HOUSE: Plot and Title Map

ELM HOUSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of ELM HOUSE, 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 ELM HOUSE). 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 ELM HOUSE?

ELM HOUSE is located on ELM STREET in BACUP, in the OL13 postcode district. The below map shows the position of ELM HOUSE on ELM STREET.