50, PENNY LODGE LANE, LOVECLOUGH, ROSSENDALE, BB4 8PD - £385,000

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

50 PENNY LODGE LANE is a small extended detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £475,542. It was last sold for £385,000 in November 2020, which was around 43% above the average November 2020 detached price in the Rossendale local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

50 PENNY LODGE LANE Sold Prices

Land registry data shows two sales for 50 PENNY LODGE 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 50 PENNY LODGE 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
2020 20 NOV	£385,000	£269,770	43% above HPI
2005 26 JAN	£264,995	£181,010	46% above HPI

50 PENNY LODGE 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 50 PENNY LODGE LANE sales from January 2005 and November 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 January 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 50 PENNY LODGE LANE be worth now?

50 PENNY LODGE LANE might now be worth an estimated £475,542.

This is based on house price inflation of 23.5%, between November 2020 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 23.5% inflationary increase is applied to the most recent sale price for 50 PENNY LODGE LANE of £385,000 on 20th November 2020. For the value to have increased from £385,000 to £475,542 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 50 PENNY LODGE LANE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The November 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 50 PENNY LODGE LANE has not materially changed since November 2020.

How Large is 50 PENNY LODGE LANE?

50 PENNY LODGE LANE is 110m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 50 PENNY LODGE LANE lies on this distribution: 27% of detached houses houses are smaller than 50 PENNY LODGE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

50 PENNY LODGE LANE: Plot and Title Map

50 PENNY LODGE LANE sits on a plot of roughly 7.9 acres, or 32,095m². The below map shows the location of 50 PENNY LODGE 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 50 PENNY LODGE 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 50 PENNY LODGE LANE?

50 PENNY LODGE LANE is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 50 on PENNY LODGE LANE.