2, GREAVE CLOSE, ROSSENDALE, BB4 8JT - £190,000

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.

2 GREAVE CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £282,323. It was last sold for £190,000 in November 2017, which was around 17% below the average November 2017 detached price in the Rossendale local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

2 GREAVE CLOSE Sold Prices

Land registry data shows one sale for 2 GREAVE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Rossendale local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 NOV	£190,000	£228,712	17% below HPI

What might 2 GREAVE CLOSE be worth now?

2 GREAVE CLOSE might now be worth an estimated £282,323.

This is based on house price inflation of 48.6%, between November 2017 and May 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 48.6% inflationary increase is applied to the most recent sale price for 2 GREAVE CLOSE of £190,000 on 30th November 2017. For the value to have increased from £190,000 to £282,323 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 2 GREAVE CLOSE has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The November 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREAVE CLOSE has not materially changed since November 2017.

How Large is 2 GREAVE CLOSE?

2 GREAVE CLOSE is 76m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Rawtenstall, based on EPC data. The below chart shows the distribution of detached houses by size in Rawtenstall, and where 2 GREAVE CLOSE lies on this distribution: 5% of detached houses are smaller than 2 GREAVE CLOSE, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Rawtenstall.

2 GREAVE CLOSE: Plot

2 GREAVE CLOSE sits on a plot of roughly 0.107 of an acre, or 435m².

Where is 2 GREAVE CLOSE?

2 GREAVE CLOSE is located in ROSSENDALE, in the BB4 postcode district.