8, WALTON CLOSE, BACUP, OL13 9RE - £179,670

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.

8 WALTON CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £290,394. It was last sold for £179,670 in January 2017, which was around 15% below the average January 2017 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

8 WALTON CLOSE Sold Prices

Land registry data shows three sales for 8 WALTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. All of the three 8 WALTON CLOSE 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
2017 27 JAN	£179,670	£210,266	15% below HPI
2015 28 SEP	£163,000	£198,021	18% below HPI
2006 14 DEC	£193,500	£202,382	4% below HPI

8 WALTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The three 8 WALTON CLOSE sales between December 2006 and January 2017 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 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 WALTON CLOSE be worth now?

8 WALTON CLOSE might now be worth an estimated £290,394.

This is based on house price inflation of 61.6%, between January 2017 and May 2026, for 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 61.6% inflationary increase is applied to the most recent sale price for 8 WALTON CLOSE of £179,670 on 27th January 2017. For the value to have increased from £179,670 to £290,394 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 WALTON CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The January 2017 sale price of £179,670 represented a fair market value for the property.
• The size, condition, and specification of 8 WALTON CLOSE has not materially changed since January 2017.

How Large is 8 WALTON CLOSE?

8 WALTON CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses houses in Bacup, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bacup, and where 8 WALTON CLOSE lies on this distribution: 54% of detached houses houses are smaller than 8 WALTON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bacup.

8 WALTON CLOSE: Plot and Title Map

8 WALTON CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 WALTON 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 8 WALTON 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 8 WALTON CLOSE?

8 WALTON CLOSE is located in BACUP, in the OL13 postcode district. The below map shows the position of No. 8 on WALTON CLOSE.