8, ALDERWOOD, RAWTENSTALL, ROSSENDALE, BB4 7RY - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ALDERWOOD is a large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £275,000 in February 2019, which was around 25% above the average February 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

8 ALDERWOOD Sold Prices

Land registry data shows two sales for 8 ALDERWOOD 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 8 ALDERWOOD 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 22 FEB	£275,000	£220,164	25% above HPI
2004 6 JUL	£230,000	£161,080	43% above HPI

8 ALDERWOOD 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 8 ALDERWOOD sales from July 2004 and February 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 July 2004 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 ALDERWOOD?

8 ALDERWOOD is 162m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses by size in Rawtenstall, and where 8 ALDERWOOD lies on this distribution: 79% of detached houses are smaller than 8 ALDERWOOD, and 21% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

8 ALDERWOOD: Plot and Title Map

8 ALDERWOOD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 8 ALDERWOOD, 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 8 ALDERWOOD). 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 8 ALDERWOOD?

8 ALDERWOOD is located in RAWTENSTALL, in the BB4 postcode district. The below map shows the position of No. 8 on ALDERWOOD.