14, COTMAN CLOSE, BACUP, OL13 9TT - £215,000

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.

14 COTMAN CLOSE is a very small terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £227,374. It was last sold for £215,000 in September 2022, which was around 47% above the average September 2022 terraced price in the Rossendale local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

14 COTMAN CLOSE Sold Prices

Land registry data shows three sales for 14 COTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rossendale local authority area for the corresponding sale date. All of the three 14 COTMAN CLOSE 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
2022 2 SEP	£215,000	£146,651	47% above HPI
2020 14 SEP	£150,000	£113,816	32% above HPI
2006 12 SEP	£139,950	£96,361	45% above HPI

14 COTMAN CLOSE 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 three 14 COTMAN CLOSE sales between September 2006 and September 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 September 2020 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 14 COTMAN CLOSE be worth now?

14 COTMAN CLOSE might now be worth an estimated £227,374.

This is based on house price inflation of 5.8%, between September 2022 and April 2026, 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 5.8% inflationary increase is applied to the most recent sale price for 14 COTMAN CLOSE of £215,000 on 2nd September 2022. For the value to have increased from £215,000 to £227,374 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 14 COTMAN CLOSE has moved in line with the HPI for terraced houses in the Rossendale local authority area.
• The September 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 14 COTMAN CLOSE has not materially changed since September 2022.

How Large is 14 COTMAN CLOSE?

14 COTMAN CLOSE is 79m² according to the EPC inspection conducted in February 2015. 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 14 COTMAN CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 14 COTMAN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bacup.

14 COTMAN CLOSE: Plot and Title Map

14 COTMAN CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 14 COTMAN CLOSE, 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 14 COTMAN CLOSE). 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 14 COTMAN CLOSE?

14 COTMAN CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 14 on COTMAN CLOSE.