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
6 FAIRBANK WALK is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £370,000 in June 2023, which was around 16% above the average June 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 6 FAIRBANK WALK since 1st 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 6 FAIRBANK WALK 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 |
---|---|---|---|
2023 30 JUN | £370,000 | £318,207 | 16% above HPI |
2000 20 APR | £93,000 | £80,482 | 16% above HPI |
1998 28 AUG | £91,950 | £74,498 | 23% above HPI |
The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The three 6 FAIRBANK WALK sales between August 1998 and June 2023 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 April 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2023 sale, which was also at 16% above the HPI.
6 FAIRBANK WALK is 126m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 6 FAIRBANK WALK lies on this distribution: 48% of detached houses are smaller than 6 FAIRBANK WALK, and 51% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.
6 FAIRBANK WALK sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 6 FAIRBANK WALK, 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 6 FAIRBANK WALK). 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.
6 FAIRBANK WALK is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 6 on FAIRBANK WALK.