3, CRANBERRY RISE, LOVECLOUGH, ROSSENDALE, BB4 8FB - £238,000

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.

3 CRANBERRY RISE is a small detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £383,260. It was last sold for £238,000 in June 2017, which was around 11% above the average June 2017 detached price in the Rossendale local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 CRANBERRY RISE Sold Prices

Land registry data shows three sales for 3 CRANBERRY RISE 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 3 CRANBERRY RISE 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
2017 2 JUN	£238,000	£214,384	11% above HPI
2002 22 FEB	£122,950	£94,863	30% above HPI
1998 30 OCT	£109,950	£77,231	42% above HPI

3 CRANBERRY RISE 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 3 CRANBERRY RISE sales between October 1998 and June 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 February 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 CRANBERRY RISE be worth now?

3 CRANBERRY RISE might now be worth an estimated £383,260.

This is based on house price inflation of 61%, between June 2017 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 61% inflationary increase is applied to the most recent sale price for 3 CRANBERRY RISE of £238,000 on 2nd June 2017. For the value to have increased from £238,000 to £383,260 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 3 CRANBERRY RISE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The June 2017 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CRANBERRY RISE has not materially changed since June 2017.

How Large is 3 CRANBERRY RISE?

3 CRANBERRY RISE is 114m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% 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 3 CRANBERRY RISE lies on this distribution: 32% of detached houses houses are smaller than 3 CRANBERRY RISE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

3 CRANBERRY RISE: Plot and Title Map

3 CRANBERRY RISE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 CRANBERRY RISE, 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 3 CRANBERRY RISE). 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 3 CRANBERRY RISE?

3 CRANBERRY RISE is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 3 on CRANBERRY RISE.