THE GRANGE, HIGHER CONSTABLE LEE, ROSSENDALE, BB4 8TF - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE GRANGE is a very large detached house of 170m², built sometime before 1900, which could now be worth an estimated £555,026. It was last sold for £475,000 in April 2021, which was around 67% above the average April 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

THE GRANGE Sold Prices

Land registry data shows three sales for THE GRANGE 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. Two of the three THE GRANGE sales were for above the average price, whilst one was for below 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 26 APR	£475,000	£285,169	67% above HPI
2003 26 SEP	£205,000	£134,176	53% above HPI
1995 18 OCT	£68,000	£70,593	4% below HPI

THE GRANGE 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 THE GRANGE sales between October 1995 and April 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 2003 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2021 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might THE GRANGE be worth now?

THE GRANGE might now be worth an estimated £555,026.

This is based on house price inflation of 16.8%, between April 2021 and December 2024, 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 16.8% inflationary increase is applied to the most recent sale price for THE GRANGE of £475,000 on 26th April 2021. For the value to have increased from £475,000 to £555,026 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of THE GRANGE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The April 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANGE has not materially changed since April 2021.

How Large is THE GRANGE?

THE GRANGE is 170m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 THE GRANGE lies on this distribution: 81% of detached houses houses are smaller than THE GRANGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of THE GRANGE, 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 GRANGE). 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 GRANGE?

THE GRANGE is located on HIGHER CONSTABLE LEE in ROSSENDALE, in the BB4 postcode district. The below map shows the position of THE GRANGE on HIGHER CONSTABLE LEE.