27, 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.

27 COTMAN CLOSE is a very small extended semi-detached house of 77m², built sometime from 2007 onwards, which could now be worth an estimated £243,611. It was last sold for £160,000 in September 2019, which was around 14% above the average September 2019 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

27 COTMAN CLOSE Sold Prices

Land registry data shows three sales for 27 COTMAN CLOSE 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. All of the three 27 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 23 SEP	£160,000	£140,728	14% above HPI
2015 13 MAR	£140,000	£109,527	28% above HPI
2006 10 NOV	£149,950	£117,211	28% above HPI

27 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 three 27 COTMAN CLOSE sales between November 2006 and September 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 March 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 27 COTMAN CLOSE be worth now?

27 COTMAN CLOSE might now be worth an estimated £243,611.

This is based on house price inflation of 52.3%, between September 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 52.3% inflationary increase is applied to the most recent sale price for 27 COTMAN CLOSE of £160,000 on 23rd September 2019. For the value to have increased from £160,000 to £243,611 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 27 COTMAN CLOSE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The September 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 27 COTMAN CLOSE has not materially changed since September 2019.

How Large is 27 COTMAN CLOSE?

27 COTMAN CLOSE is 77m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 27 COTMAN CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 27 COTMAN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bacup.

27 COTMAN CLOSE: Plot and Title Map

27 COTMAN CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 27 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 27 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 27 COTMAN CLOSE?

27 COTMAN CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 27 on COTMAN CLOSE.