4, MIDDLEGATE GREEN, ROSSENDALE, BB4 8PY - £230,000

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.

4 MIDDLEGATE GREEN is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £269,328. It was last sold for £230,000 in May 2021, which was around 21% below the average May 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

4 MIDDLEGATE GREEN Sold Prices

Land registry data shows three sales for 4 MIDDLEGATE GREEN 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 4 MIDDLEGATE GREEN sales were 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 14 MAY	£230,000	£291,377	21% below HPI
2020 27 JAN	£168,500	£244,387	31% below HPI
2018 6 FEB	£142,500	£219,050	35% below HPI

4 MIDDLEGATE GREEN 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 4 MIDDLEGATE GREEN sales between February 2018 and May 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 January 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 MIDDLEGATE GREEN be worth now?

4 MIDDLEGATE GREEN might now be worth an estimated £269,328.

This is based on house price inflation of 17.1%, between May 2021 and April 2026, 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 17.1% inflationary increase is applied to the most recent sale price for 4 MIDDLEGATE GREEN of £230,000 on 14th May 2021. For the value to have increased from £230,000 to £269,328 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 4 MIDDLEGATE GREEN has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The May 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MIDDLEGATE GREEN has not materially changed since May 2021.

How Large is 4 MIDDLEGATE GREEN?

4 MIDDLEGATE GREEN is 75m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 4 MIDDLEGATE GREEN lies on this distribution: 4% of detached houses houses are smaller than 4 MIDDLEGATE GREEN, and 95% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

4 MIDDLEGATE GREEN: Plot and Title Map

4 MIDDLEGATE GREEN sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 4 MIDDLEGATE GREEN, 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 4 MIDDLEGATE GREEN). 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 4 MIDDLEGATE GREEN?

4 MIDDLEGATE GREEN is located in ROSSENDALE, in the BB4 postcode district. The below map shows the position of No. 4 on MIDDLEGATE GREEN.