THE LODGE, ROCKLIFFE VILLAS, BACUP, OL13 8JG - £142,000

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

THE LODGE is a small extended detached house of 94m², built sometime before 1900. It was last sold for £142,000 in September 2015, which was around 25% below the average September 2015 detached price in the Rossendale local authority area. The most recent EPC inspection was April 2024, where the current energy rating was G, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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 THE LODGE 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
2015 17 SEP	£142,000	£188,509	25% below HPI
1995 14 JUL	£54,950	£67,220	18% below HPI

THE LODGE 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 THE LODGE sales from July 1995 and September 2015 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 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THE LODGE?

THE LODGE is 94m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses by size in Bacup, and where THE LODGE lies on this distribution: 26% of detached houses are smaller than THE LODGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bacup.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.319 of an acre, or 1,291m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on ROCKLIFFE VILLAS in BACUP, in the OL13 postcode district. The below map shows the position of THE LODGE on ROCKLIFFE VILLAS.