12, PENNY LODGE LANE, LOVECLOUGH, ROSSENDALE, BB4 8PD - £580,000

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.

12 PENNY LODGE LANE is a large detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £589,135. It was last sold for £580,000 in December 2023, which was around 71% above the average December 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

12 PENNY LODGE LANE Sold Prices

Land registry data shows two sales for 12 PENNY LODGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Both of the two 12 PENNY LODGE LANE 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
2023 7 DEC	£580,000	£339,877	71% above HPI
2003 23 DEC	£279,995	£141,507	98% above HPI

12 PENNY LODGE LANE 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 two 12 PENNY LODGE LANE sales from December 2003 and December 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 December 2003 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the December 2023 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 12 PENNY LODGE LANE be worth now?

12 PENNY LODGE LANE might now be worth an estimated £589,135.

This is based on house price inflation of 1.6%, between December 2023 and February 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 1.6% inflationary increase is applied to the most recent sale price for 12 PENNY LODGE LANE of £580,000 on 7th December 2023. For the value to have increased from £580,000 to £589,135 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 PENNY LODGE LANE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The December 2023 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PENNY LODGE LANE has not materially changed since December 2023.

How Large is 12 PENNY LODGE LANE?

12 PENNY LODGE LANE is 158m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rawtenstall, and where 12 PENNY LODGE LANE lies on this distribution: 78% of detached houses houses are smaller than 12 PENNY LODGE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

12 PENNY LODGE LANE: Plot and Title Map

12 PENNY LODGE LANE sits on a plot of roughly 7.9 acres, or 32,095m². The below map shows the location of 12 PENNY LODGE LANE, 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 12 PENNY LODGE LANE). 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 12 PENNY LODGE LANE?

12 PENNY LODGE LANE is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 12 on PENNY LODGE LANE.