5, TURF MEADOW, LOVECLOUGH, ROSSENDALE, BB4 8FE - £322,000

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.

5 TURF MEADOW is a very small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £365,711. It was last sold for £322,000 in May 2022, which was around 6% above the average May 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 TURF MEADOW Sold Prices

Land registry data shows three sales for 5 TURF MEADOW 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. The three 5 TURF MEADOW sales were a mix of above the average price, roughly equal to the average price, and 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
2022 23 MAY	£322,000	£303,967	6% above HPI
2018 3 DEC	£237,500	£239,489	1% below HPI
2001 20 NOV	£94,995	£95,105	Close to HPI

5 TURF MEADOW 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 5 TURF MEADOW sales between November 2001 and May 2022 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 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 TURF MEADOW be worth now?

5 TURF MEADOW might now be worth an estimated £365,711.

This is based on house price inflation of 13.6%, between May 2022 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 13.6% inflationary increase is applied to the most recent sale price for 5 TURF MEADOW of £322,000 on 23rd May 2022. For the value to have increased from £322,000 to £365,711 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 TURF MEADOW has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The May 2022 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TURF MEADOW has not materially changed since May 2022.

How Large is 5 TURF MEADOW?

5 TURF MEADOW is 98m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 5 TURF MEADOW lies on this distribution: 16% of detached houses houses are smaller than 5 TURF MEADOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

5 TURF MEADOW: Plot and Title Map

5 TURF MEADOW sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 5 TURF MEADOW, 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 5 TURF MEADOW). 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 5 TURF MEADOW?

5 TURF MEADOW is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 5 on TURF MEADOW.