15, MEADOWCROFT CLOSE, RAWTENSTALL, ROSSENDALE, BB4 8DF - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MEADOWCROFT CLOSE is a small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £370,560. It was last sold for £220,000 in March 2016, which was around 11% above the average March 2016 detached price in the Rossendale local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 MEADOWCROFT CLOSE Sold Prices

Land registry data shows three sales for 15 MEADOWCROFT 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 15 MEADOWCROFT 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
2016 31 MAR	£220,000	£197,827	11% above HPI
2002 28 FEB	£145,500	£94,863	53% above HPI
1999 15 JAN	£101,950	£79,020	29% above HPI

15 MEADOWCROFT 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 15 MEADOWCROFT CLOSE sales between January 1999 and March 2016 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 February 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 15 MEADOWCROFT CLOSE be worth now?

15 MEADOWCROFT CLOSE might now be worth an estimated £370,560.

This is based on house price inflation of 68.4%, between March 2016 and December 2024, 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 68.4% inflationary increase is applied to the most recent sale price for 15 MEADOWCROFT CLOSE of £220,000 on 31st March 2016. For the value to have increased from £220,000 to £370,560 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 MEADOWCROFT CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The March 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOWCROFT CLOSE has not materially changed since March 2016.

How Large is 15 MEADOWCROFT CLOSE?

15 MEADOWCROFT CLOSE is 111m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 15 MEADOWCROFT CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 MEADOWCROFT CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

15 MEADOWCROFT CLOSE: Plot and Title Map

15 MEADOWCROFT CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 15 MEADOWCROFT 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 15 MEADOWCROFT 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 15 MEADOWCROFT CLOSE?

15 MEADOWCROFT CLOSE is located in RAWTENSTALL, in the BB4 postcode district. The below map shows the position of No. 15 on MEADOWCROFT CLOSE.