5, STAVELEY CLOSE, BACUP, OL13 9QN - £114,000

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.

5 STAVELEY CLOSE is a small terraced house of 100m², built sometime from 2007 onwards, which could now be worth an estimated £204,294. It was last sold for £114,000 in December 2014, which was around 31% above the average December 2014 terraced price in the Rossendale local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

5 STAVELEY CLOSE Sold Prices

Land registry data shows two sales for 5 STAVELEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rossendale local authority area for the corresponding sale date. Both of the two 5 STAVELEY 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
2014 15 DEC	£114,000	£86,716	31% above HPI
2008 17 SEP	£150,000	£97,893	53% above HPI

5 STAVELEY 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 two 5 STAVELEY CLOSE sales from September 2008 and December 2014 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 2008 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 STAVELEY CLOSE be worth now?

5 STAVELEY CLOSE might now be worth an estimated £204,294.

This is based on house price inflation of 79.2%, between December 2014 and May 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 79.2% inflationary increase is applied to the most recent sale price for 5 STAVELEY CLOSE of £114,000 on 15th December 2014. For the value to have increased from £114,000 to £204,294 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 STAVELEY CLOSE has moved in line with the HPI for terraced houses in the Rossendale local authority area.
• The December 2014 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STAVELEY CLOSE has not materially changed since December 2014.

How Large is 5 STAVELEY CLOSE?

5 STAVELEY CLOSE is 100m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 5 STAVELEY CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 5 STAVELEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bacup.

5 STAVELEY CLOSE: Plot and Title Map

5 STAVELEY CLOSE sits on a plot of roughly 0.685 of an acre, or 2,771m². The below map shows the location of 5 STAVELEY 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 5 STAVELEY 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 5 STAVELEY CLOSE?

5 STAVELEY CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 5 on STAVELEY CLOSE.