58, CHERRY TREE WAY, HELMSHORE, ROSSENDALE, BB4 4JZ - £275,000

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.

58 CHERRY TREE WAY is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £320,679. It was last sold for £275,000 in June 2021, which was around 7% below the average June 2021 detached price in the Rossendale local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

58 CHERRY TREE WAY Sold Prices

Land registry data shows four sales for 58 CHERRY TREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Most of the four 58 CHERRY TREE WAY 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 18 JUN	£275,000	£296,054	7% below HPI
2009 26 NOV	£212,000	£194,075	9% above HPI
2002 9 AUG	£98,950	£105,070	6% below HPI
2000 11 AUG	£75,500	£87,949	14% below HPI

58 CHERRY TREE WAY 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 four 58 CHERRY TREE WAY sales between August 2000 and June 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 November 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 58 CHERRY TREE WAY be worth now?

58 CHERRY TREE WAY might now be worth an estimated £320,679.

This is based on house price inflation of 16.6%, between June 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 16.6% inflationary increase is applied to the most recent sale price for 58 CHERRY TREE WAY of £275,000 on 18th June 2021. For the value to have increased from £275,000 to £320,679 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 58 CHERRY TREE WAY has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The June 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 58 CHERRY TREE WAY has not materially changed since June 2021.

How Large is 58 CHERRY TREE WAY?

58 CHERRY TREE WAY is 79m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses houses in Haslingden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haslingden, and where 58 CHERRY TREE WAY lies on this distribution: 11% of detached houses houses are smaller than 58 CHERRY TREE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Haslingden.

58 CHERRY TREE WAY: Plot and Title Map

58 CHERRY TREE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 58 CHERRY TREE WAY, 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 58 CHERRY TREE WAY). 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 58 CHERRY TREE WAY?

58 CHERRY TREE WAY is located in HELMSHORE, in the BB4 postcode district. The below map shows the position of No. 58 on CHERRY TREE WAY.