16, GREAVE CLOSE, CONSTABLE LEE, ROSSENDALE, BB4 8JT - £165,500

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.

16 GREAVE CLOSE is a detached house, which could now be worth an estimated £288,467. It was last sold for £165,500 in July 2006, which was around 15% below the average July 2006 detached price in the Rossendale local authority area.

16 GREAVE CLOSE Sold Prices

Land registry data shows three sales for 16 GREAVE CLOSE 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 16 GREAVE CLOSE sales were for below the average price, whilst one was 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
2006 28 JUL	£165,500	£195,754	15% below HPI
2003 27 JAN	£117,000	£109,121	7% above HPI
1998 8 MAY	£54,000	£74,269	27% below HPI

What might 16 GREAVE CLOSE be worth now?

16 GREAVE CLOSE might now be worth an estimated £288,467.

This is based on house price inflation of 74.3%, between July 2006 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 74.3% inflationary increase is applied to the most recent sale price for 16 GREAVE CLOSE of £165,500 on 28th July 2006. For the value to have increased from £165,500 to £288,467 over the twenty years and three months to April 2026, the following assumptions must hold true:

• The value of 16 GREAVE CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The July 2006 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GREAVE CLOSE has not materially changed since July 2006.

Where is 16 GREAVE CLOSE?

16 GREAVE CLOSE is located in CONSTABLE LEE, in the BB4 postcode district.