7, NEW LINE, BACUP, OL13 0BY - £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.

7 NEW LINE is a large semi-detached house of 127m², built sometime between 1900 and 1929, which could now be worth an estimated £195,405. It was last sold for £146,500 in November 2020, which was around 5% below the average November 2020 semi-detached price in the Rossendale local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 NEW LINE Sold Prices

Land registry data shows two sales for 7 NEW LINE 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 7 NEW LINE 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
2020 18 NOV	£146,500	£154,369	5% below HPI
2004 1 JUL	£94,950	£97,259	2% below HPI

7 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 two 7 NEW LINE sales from July 2004 and November 2020 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 July 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 NEW LINE be worth now?

7 NEW LINE might now be worth an estimated £195,405.

This is based on house price inflation of 33.4%, between November 2020 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 33.4% inflationary increase is applied to the most recent sale price for 7 NEW LINE of £146,500 on 18th November 2020. For the value to have increased from £146,500 to £195,405 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 NEW LINE has moved in line with the HPI for semi-detached houses in the Rossendale local authority area.
• The November 2020 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW LINE has not materially changed since November 2020.

How Large is 7 NEW LINE?

7 NEW LINE is 127m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% 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 7 NEW LINE lies on this distribution: 68% of semi-detached houses houses are smaller than 7 NEW LINE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bacup.

7 NEW LINE: Plot and Title Map

7 NEW LINE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 7 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 7 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 7 NEW LINE?

7 NEW LINE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 7 on NEW LINE.