2, COLLEGE LANE, RAWTENSTALL, ROSSENDALE, BB4 7LA - £570,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 COLLEGE LANE is a midsized extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £570,000 in February 2012, which was around 202% above the average February 2012 detached price in the Rossendale local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

2 COLLEGE LANE Sold Prices

Land registry data shows two sales for 2 COLLEGE 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 2 COLLEGE 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
2012 24 FEB	£570,000	£188,759	202% above HPI
2006 3 NOV	£575,000	£190,795	201% above HPI

2 COLLEGE 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 2 COLLEGE LANE sales from November 2006 and February 2012 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 November 2006 sale was for 201% above the HPI. So the extrapolation line tracks at 201% above the HPI over time, until the February 2012 sale, where it rises to 202% above the HPI. The line then continues to track at 202% above the HPI.

How Large is 2 COLLEGE LANE?

2 COLLEGE LANE is 132m², which includes three extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses by size in Rawtenstall, and where 2 COLLEGE LANE lies on this distribution: 55% of detached houses are smaller than 2 COLLEGE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

2 COLLEGE LANE: Plot and Title Map

2 COLLEGE LANE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 2 COLLEGE 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 2 COLLEGE 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 2 COLLEGE LANE?

2 COLLEGE LANE is located in RAWTENSTALL, in the BB4 postcode district. The below map shows the position of No. 2 on COLLEGE LANE.