24, COTMAN CLOSE, BACUP, OL13 9TT - £160,000

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.

24 COTMAN CLOSE is a very small extended semi-detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £247,323. It was last sold for £160,000 in August 2019, which was around 15% above the average August 2019 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

24 COTMAN CLOSE Sold Prices

Land registry data shows two sales for 24 COTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rossendale local authority area for the corresponding sale date. Both of the two 24 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
2019 16 AUG	£160,000	£138,616	15% above HPI
2006 20 OCT	£129,950	£119,410	9% above HPI

24 COTMAN CLOSE 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 two 24 COTMAN CLOSE sales from October 2006 and August 2019 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 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 24 COTMAN CLOSE be worth now?

24 COTMAN CLOSE might now be worth an estimated £247,323.

This is based on house price inflation of 54.6%, between August 2019 and March 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 54.6% inflationary increase is applied to the most recent sale price for 24 COTMAN CLOSE of £160,000 on 16th August 2019. For the value to have increased from £160,000 to £247,323 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 24 COTMAN CLOSE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The August 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 24 COTMAN CLOSE has not materially changed since August 2019.

How Large is 24 COTMAN CLOSE?

24 COTMAN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 24 COTMAN CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 24 COTMAN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bacup.

24 COTMAN CLOSE: Plot and Title Map

24 COTMAN CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 24 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 24 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 24 COTMAN CLOSE?

24 COTMAN CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 24 on COTMAN CLOSE.