7, CRANBERRY RISE, LOVECLOUGH, ROSSENDALE, BB4 8FB - £250,000

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.

7 CRANBERRY RISE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £360,746. It was last sold for £250,000 in July 2019, which was around 4% above the average July 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

7 CRANBERRY RISE Sold Prices

Land registry data shows two sales for 7 CRANBERRY RISE 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 7 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
2019 18 JUL	£250,000	£239,247	4% above HPI
1998 20 NOV	£99,950	£77,697	29% above HPI

7 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 two 7 CRANBERRY RISE sales from November 1998 and July 2019 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 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 7 CRANBERRY RISE be worth now?

7 CRANBERRY RISE might now be worth an estimated £360,746.

This is based on house price inflation of 44.3%, between July 2019 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 44.3% inflationary increase is applied to the most recent sale price for 7 CRANBERRY RISE of £250,000 on 18th July 2019. For the value to have increased from £250,000 to £360,746 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 7 CRANBERRY RISE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The July 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANBERRY RISE has not materially changed since July 2019.

How Large is 7 CRANBERRY RISE?

7 CRANBERRY RISE is 120m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% 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 7 CRANBERRY RISE lies on this distribution: 44% of detached houses houses are smaller than 7 CRANBERRY RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

7 CRANBERRY RISE: Plot and Title Map

7 CRANBERRY RISE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 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 7 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 7 CRANBERRY RISE?

7 CRANBERRY RISE is located in LOVECLOUGH, in the BB4 postcode district. The below map shows the position of No. 7 on CRANBERRY RISE.