1, CARPENTERS WAY, ROCHDALE, OL16 4XU - £184,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CARPENTERS WAY is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £184,000 in May 2021, which was around 33% below the average May 2021 detached price in the Rochdale local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

1 CARPENTERS WAY Sold Prices

Land registry data shows four sales for 1 CARPENTERS 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 Rochdale local authority area for the corresponding sale date. All of the four 1 CARPENTERS 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 28 MAY	£184,000	£273,568	33% below HPI
2017 31 JUL	£140,000	£212,253	34% below HPI
2016 9 MAR	£135,000	£197,852	32% below HPI
2003 25 NOV	£36,036	£139,340	74% below HPI

1 CARPENTERS WAY 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 1 CARPENTERS WAY sales between November 2003 and May 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 July 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 CARPENTERS WAY?

1 CARPENTERS WAY is 72m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 1 CARPENTERS WAY lies on this distribution: 8% of detached houses are smaller than 1 CARPENTERS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

1 CARPENTERS WAY: Plot and Title Map

1 CARPENTERS WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 1 CARPENTERS 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 1 CARPENTERS 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 1 CARPENTERS WAY?

1 CARPENTERS WAY is located in ROCHDALE, in the OL16 postcode district. The below map shows the position of No. 1 on CARPENTERS WAY.