8, SPRINGBANK GARDENS, GOODSHAW, ROSSENDALE, BB4 8UH - £432,500

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.

8 SPRINGBANK GARDENS is a very large extended detached house of 215m², built sometime between 1991 and 1995, which could now be worth an estimated £528,497. It was last sold for £432,500 in March 2021, which was around 53% above the average March 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

8 SPRINGBANK GARDENS Sold Prices

Land registry data shows two sales for 8 SPRINGBANK GARDENS 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 SPRINGBANK GARDENS 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
2021 30 MAR	£432,500	£282,522	53% above HPI
1996 20 SEP	£125,800	£70,548	78% above HPI

8 SPRINGBANK GARDENS 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 SPRINGBANK GARDENS sales from September 1996 and March 2021 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 September 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 8 SPRINGBANK GARDENS be worth now?

8 SPRINGBANK GARDENS might now be worth an estimated £528,497.

This is based on house price inflation of 22.2%, between March 2021 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 22.2% inflationary increase is applied to the most recent sale price for 8 SPRINGBANK GARDENS of £432,500 on 30th March 2021. For the value to have increased from £432,500 to £528,497 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 SPRINGBANK GARDENS has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The March 2021 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRINGBANK GARDENS has not materially changed since March 2021.

How Large is 8 SPRINGBANK GARDENS?

8 SPRINGBANK GARDENS is 215m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 8 SPRINGBANK GARDENS lies on this distribution: 92% of detached houses houses are smaller than 8 SPRINGBANK GARDENS, and 7% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

8 SPRINGBANK GARDENS: Plot and Title Map

8 SPRINGBANK GARDENS sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 8 SPRINGBANK GARDENS, 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 SPRINGBANK GARDENS). 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 SPRINGBANK GARDENS?

8 SPRINGBANK GARDENS is located in GOODSHAW, in the BB4 postcode district. The below map shows the position of No. 8 on SPRINGBANK GARDENS.