2, MEREBANK CLOSE, ROCHDALE, OL11 5WG - £385,000

2 MEREBANK CLOSE is a very large extended detached house of 196m², built sometime between 1991 and 1995. It was last sold for £385,000 in July 2016, which was around 88% above the average July 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

2 MEREBANK CLOSE Sold Prices

Land registry data shows four sales for 2 MEREBANK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the four 2 MEREBANK CLOSE sales were 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
2016 13 JUL	£385,000	£204,524	88% above HPI
2013 27 SEP	£380,000	£182,899	108% above HPI
2011 10 JUN	£360,000	£177,893	102% above HPI
2001 25 MAY	£158,995	£87,995	81% above HPI

2 MEREBANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The four 2 MEREBANK CLOSE sales between May 2001 and July 2016 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 September 2013 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the July 2016 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 2 MEREBANK CLOSE?

2 MEREBANK CLOSE is 196m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses by size in Rochdale, and where 2 MEREBANK CLOSE lies on this distribution: 93% of detached houses are smaller than 2 MEREBANK CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

2 MEREBANK CLOSE: Plot and Title Map

2 MEREBANK CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 MEREBANK CLOSE, 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 2 MEREBANK CLOSE). 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 2 MEREBANK CLOSE?

2 MEREBANK CLOSE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 2 on MEREBANK CLOSE.