7, EDGE LANE, CLOUGHFOLD, ROSSENDALE, BB4 7SS - £410,000

7 EDGE LANE is a very large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £410,000 in September 2022, which was around 33% above the average September 2022 detached price in the Rossendale local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

7 EDGE LANE Sold Prices

Land registry data shows two sales for 7 EDGE LANE 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. One of the two 7 EDGE LANE sales was for above the average price, whilst the other 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
2022 15 SEP	£410,000	£307,618	33% above HPI
1998 10 AUG	£65,000	£74,498	13% below HPI

7 EDGE LANE 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 7 EDGE LANE sales from August 1998 and September 2022 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 August 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 7 EDGE LANE?

7 EDGE LANE is 170m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses by size in Rawtenstall, and where 7 EDGE LANE lies on this distribution: 81% of detached houses are smaller than 7 EDGE LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

7 EDGE LANE: Plot and Title Map

7 EDGE LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 7 EDGE LANE, 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 7 EDGE LANE). 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 7 EDGE LANE?

7 EDGE LANE is located in CLOUGHFOLD, in the BB4 postcode district. The below map shows the position of No. 7 on EDGE LANE.