ELM HOUSE, ELM STREET, BACUP, OL13 9EB - £330,000

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.

ELM HOUSE is a very large extended detached house of 194m², built sometime before 1900, which could now be worth an estimated £315,297. It was last sold for £330,000 in June 2023, which was around 1% below the average June 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

ELM HOUSE Sold Prices

Land registry data shows three sales for ELM HOUSE 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. One of the three ELM HOUSE sales was for below the average price, whilst two 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
2023 1 JUN	£330,000	£334,265	1% below HPI
1997 16 JUL	£95,950	£73,024	31% above HPI
1996 30 APR	£86,000	£70,800	21% above HPI

ELM HOUSE 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 ELM HOUSE sales between April 1996 and June 2023 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 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might ELM HOUSE be worth now?

ELM HOUSE might now be worth an estimated £315,297.

This is based on house price deflation of 4.5%, between June 2023 and June 2025, 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 4.5% deflationary decrease is applied to the most recent sale price for ELM HOUSE of £330,000 on 1st June 2023. For the value to have decreased from £330,000 to £315,297 over the two years to June 2025, the following assumptions must hold true:

• The value of ELM HOUSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The June 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of ELM HOUSE has not materially changed since June 2023.

How Large is ELM HOUSE?

ELM HOUSE is 194m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% 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 ELM HOUSE lies on this distribution: 93% of detached houses houses are smaller than ELM HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bacup.

ELM HOUSE: Plot and Title Map

ELM HOUSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of ELM HOUSE, 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 ELM HOUSE). 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 ELM HOUSE?

ELM HOUSE is located on ELM STREET in BACUP, in the OL13 postcode district. The below map shows the position of ELM HOUSE on ELM STREET.