LANE ENDS COTTAGE, LANE END ROAD, BACUP, OL13 9RG - £105,000

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

LANE ENDS COTTAGE is a small extended detached house of 108m², built sometime before 1900. It was last sold for £105,000 in November 2013, which was around 41% below the average November 2013 detached price in the Rossendale local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

LANE ENDS COTTAGE Sold Prices

Land registry data shows four sales for LANE ENDS COTTAGE 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. All of the four LANE ENDS COTTAGE 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 22 NOV	£105,000	£178,534	41% below HPI
2006 16 MAR	£140,000	£178,560	22% below HPI
2002 19 DEC	£99,950	£107,463	7% below HPI
1996 23 DEC	£31,950	£63,740	50% below HPI

LANE ENDS COTTAGE 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 LANE ENDS COTTAGE sales between December 1996 and November 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 March 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is LANE ENDS COTTAGE?

LANE ENDS COTTAGE is 108m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where LANE ENDS COTTAGE lies on this distribution: 40% of detached houses are smaller than LANE ENDS COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bacup.

LANE ENDS COTTAGE: Plot and Title Map

LANE ENDS COTTAGE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of LANE ENDS COTTAGE, 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 LANE ENDS COTTAGE). 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 LANE ENDS COTTAGE?

LANE ENDS COTTAGE is located on LANE END ROAD in BACUP, in the OL13 postcode district. The below map shows the position of LANE ENDS COTTAGE on LANE END ROAD.