23, NEW LINE, BACUP, OL13 9RN - £146,500

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.

23 NEW LINE is a very small semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £175,439. It was last sold for £146,500 in July 2021, which was around 15% below the average July 2021 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

23 NEW LINE Sold Prices

Land registry data shows three sales for 23 NEW LINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. Two of the three 23 NEW LINE sales were for below the average price, whilst one was 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
2021 16 JUL	£146,500	£171,937	15% below HPI
1998 30 OCT	£42,000	£41,338	2% above HPI
1995 18 AUG	£35,500	£38,308	7% below HPI

23 NEW LINE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rossendale local authority area over time, sourced from the HPI. The three 23 NEW LINE sales between August 1995 and July 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 October 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 23 NEW LINE be worth now?

23 NEW LINE might now be worth an estimated £175,439.

This is based on house price inflation of 19.8%, between July 2021 and February 2025, for semi-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 19.8% inflationary increase is applied to the most recent sale price for 23 NEW LINE of £146,500 on 16th July 2021. For the value to have increased from £146,500 to £175,439 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 23 NEW LINE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The July 2021 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 23 NEW LINE has not materially changed since July 2021.

How Large is 23 NEW LINE?

23 NEW LINE is 66m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bacup, and where 23 NEW LINE lies on this distribution: 3% of semi-detached houses houses are smaller than 23 NEW LINE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bacup.

23 NEW LINE: Plot and Title Map

23 NEW LINE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 23 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 23 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 23 NEW LINE?

23 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 23 on NEW LINE.