4, OAKLANDS DRIVE, ROSSENDALE, BB4 6SA - £285,000

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.

4 OAKLANDS DRIVE is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £402,601. It was last sold for £285,000 in January 2020, which was around 17% above the average January 2020 detached price in the Rossendale local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

4 OAKLANDS DRIVE Sold Prices

Land registry data shows three sales for 4 OAKLANDS DRIVE 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. Two of the three 4 OAKLANDS DRIVE sales were for above the average price, whilst one was for below 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
2020 31 JAN	£285,000	£244,387	17% above HPI
2017 16 NOV	£235,000	£228,712	3% above HPI
2014 21 MAR	£160,000	£181,737	12% below HPI

4 OAKLANDS DRIVE 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 4 OAKLANDS DRIVE sales between March 2014 and January 2020 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 OAKLANDS DRIVE be worth now?

4 OAKLANDS DRIVE might now be worth an estimated £402,601.

This is based on house price inflation of 41.3%, between January 2020 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 41.3% inflationary increase is applied to the most recent sale price for 4 OAKLANDS DRIVE of £285,000 on 31st January 2020. For the value to have increased from £285,000 to £402,601 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 OAKLANDS DRIVE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The January 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKLANDS DRIVE has not materially changed since January 2020.

How Large is 4 OAKLANDS DRIVE?

4 OAKLANDS DRIVE is 114m², which includes two extensions, according to the EPC inspection conducted in June 2013. 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 4 OAKLANDS DRIVE lies on this distribution: 32% of detached houses houses are smaller than 4 OAKLANDS DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

4 OAKLANDS DRIVE: Plot and Title Map

4 OAKLANDS DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 4 OAKLANDS DRIVE, 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 4 OAKLANDS DRIVE). 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 4 OAKLANDS DRIVE?

4 OAKLANDS DRIVE is located in ROSSENDALE, in the BB4 postcode district. The below map shows the position of No. 4 on OAKLANDS DRIVE.