118, NEW LINE, BACUP, OL13 9RN - £135,000

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.

118 NEW LINE is a very small terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £143,884. It was last sold for £135,000 in February 2022, which was about the average February 2022 terraced price in the Rossendale local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

118 NEW LINE Sold Prices

Land registry data shows two sales for 118 NEW LINE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rossendale local authority area for the corresponding sale date. One of the two 118 NEW LINE sales was roughly equal to the average price, whilst the other was 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
2022 21 FEB	£135,000	£135,591	Close to HPI
2018 22 JUN	£85,000	£103,325	18% below HPI

118 NEW LINE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rossendale local authority area over time, sourced from the HPI. The two 118 NEW LINE sales from June 2018 and February 2022 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 June 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 118 NEW LINE be worth now?

118 NEW LINE might now be worth an estimated £143,884.

This is based on house price inflation of 6.6%, between February 2022 and June 2025, for terraced 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 6.6% inflationary increase is applied to the most recent sale price for 118 NEW LINE of £135,000 on 21st February 2022. For the value to have increased from £135,000 to £143,884 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 118 NEW LINE has moved in line with the HPI for terraced houses in the Rossendale local authority area.
• The February 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 118 NEW LINE has not materially changed since February 2022.

How Large is 118 NEW LINE?

118 NEW LINE is 78m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of terraced houses houses in Bacup, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bacup, and where 118 NEW LINE lies on this distribution: 13% of terraced houses houses are smaller than 118 NEW LINE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bacup.

118 NEW LINE: Plot and Title Map

118 NEW LINE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 118 NEW LINE, 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 118 NEW LINE). 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 118 NEW LINE?

118 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 118 on NEW LINE.