2, HAWFINCH CLOSE, BACUP, OL13 9PT - £202,000

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.

2 HAWFINCH CLOSE is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £232,467. It was last sold for £202,000 in September 2021, which was around 32% below the average September 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 HAWFINCH CLOSE Sold Prices

Land registry data shows three sales for 2 HAWFINCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. All of the three 2 HAWFINCH CLOSE 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
2021 24 SEP	£202,000	£295,305	32% below HPI
2018 26 SEP	£167,500	£233,819	28% below HPI
2007 29 JUN	£185,995	£212,596	13% below HPI

2 HAWFINCH CLOSE 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 three 2 HAWFINCH CLOSE sales between June 2007 and September 2021 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 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 HAWFINCH CLOSE be worth now?

2 HAWFINCH CLOSE might now be worth an estimated £232,467.

This is based on house price inflation of 15.1%, between September 2021 and May 2026, for detached 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 15.1% inflationary increase is applied to the most recent sale price for 2 HAWFINCH CLOSE of £202,000 on 24th September 2021. For the value to have increased from £202,000 to £232,467 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 2 HAWFINCH CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The September 2021 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAWFINCH CLOSE has not materially changed since September 2021.

How Large is 2 HAWFINCH CLOSE?

2 HAWFINCH CLOSE is 108m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacup, and where 2 HAWFINCH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 HAWFINCH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bacup.

2 HAWFINCH CLOSE: Plot and Title Map

2 HAWFINCH CLOSE sits on a plot of roughly 11.4 acres, or 46,155m². The below map shows the location of 2 HAWFINCH 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 2 HAWFINCH 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 2 HAWFINCH CLOSE?

2 HAWFINCH CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 2 on HAWFINCH CLOSE.