THE CHAPEL, CHAPEL MEWS, BURNLEY ROAD EAST, ROSSENDALE, BB4 9NT - £343,000

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

THE CHAPEL is a very large semi-detached house of 373m², built sometime before 1900. It was last sold for £343,000 in February 2016, which was around 80% above the average February 2016 detached price in the Rossendale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

THE CHAPEL Sold Prices

Land registry data shows two sales for THE CHAPEL 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 THE CHAPEL 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
2016 29 FEB	£343,000	£191,069	80% above HPI
2004 3 SEP	£275,000	£167,047	65% above HPI

THE CHAPEL 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 THE CHAPEL sales from September 2004 and February 2016 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 2004 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2016 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is THE CHAPEL?

THE CHAPEL is 373m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses by size in Rawtenstall, and where THE CHAPEL lies on this distribution: 98% of detached houses are smaller than THE CHAPEL, and 2% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

THE CHAPEL: Plot and Title Map

THE CHAPEL sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of THE CHAPEL, 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 THE CHAPEL). 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 THE CHAPEL?

THE CHAPEL, CHAPEL MEWS is located on BURNLEY ROAD EAST in ROSSENDALE, in the BB4 postcode district. The below map shows the position of THE CHAPEL, CHAPEL MEWS on BURNLEY ROAD EAST.