9, ALDERWOOD, RAWTENSTALL, ROSSENDALE, BB4 7RY - £405,000

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

9 ALDERWOOD is a large extended detached house of 149m², built sometime between 2003 and 2006. It was last sold for £405,000 in June 2023, which was around 27% above the average June 2023 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

9 ALDERWOOD Sold Prices

Land registry data shows three sales for 9 ALDERWOOD since 1^st 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 9 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
2023 22 JUN	£405,000	£318,207	27% above HPI
2007 1 JUN	£320,000	£202,383	58% above HPI
2003 3 OCT	£235,000	£132,287	78% above HPI

9 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 three 9 ALDERWOOD sales between October 2003 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 June 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 9 ALDERWOOD?

9 ALDERWOOD is 149m², which includes four extensions, according to the EPC inspection conducted in February 2023. 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 9 ALDERWOOD lies on this distribution: 71% of detached houses are smaller than 9 ALDERWOOD, and 28% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

9 ALDERWOOD: Plot and Title Map

9 ALDERWOOD sits on a plot of roughly 1.1 acres, or 4,596m². The below map shows the location of 9 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 9 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 9 ALDERWOOD?

9 ALDERWOOD is located in RAWTENSTALL, in the BB4 postcode district. The below map shows the position of No. 9 on ALDERWOOD.