SHEEPHOUSE FARM, HIGHER GREENS, BACUP, OL13 0JS - £700,000

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

SHEEPHOUSE FARM is a very large extended detached house of 308m², built sometime between 2003 and 2006. It was last sold for £700,000 in January 2024, which was around 119% above the average January 2024 detached price in the Rossendale local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

SHEEPHOUSE FARM Sold Prices

Land registry data shows two sales for SHEEPHOUSE FARM since 1^st 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 SHEEPHOUSE FARM 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
2024 12 JAN	£700,000	£318,921	119% above HPI
2019 23 AUG	£550,000	£228,398	141% above HPI

SHEEPHOUSE FARM 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 two SHEEPHOUSE FARM sales from August 2019 and January 2024 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 August 2019 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the January 2024 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is SHEEPHOUSE FARM?

SHEEPHOUSE FARM is 308m², which includes two extensions, according to the EPC inspection conducted in October 2018. 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 SHEEPHOUSE FARM lies on this distribution: 99% of detached houses are smaller than SHEEPHOUSE FARM, and 1% of houses are larger. Note that EPC data is not available for all properties in Bacup.

SHEEPHOUSE FARM: Plot and Title Map

SHEEPHOUSE FARM sits on a plot of roughly 0.353 of an acre, or 1,429m². The below map shows the location of SHEEPHOUSE FARM, 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 SHEEPHOUSE FARM). 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 SHEEPHOUSE FARM?

SHEEPHOUSE FARM is located on HIGHER GREENS in BACUP, in the OL13 postcode district. The below map shows the position of SHEEPHOUSE FARM on HIGHER GREENS.