1, ELTERWATER CLOSE, MIDDLETON, MANCHESTER, M24 5ST - £245,000

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.

1 ELTERWATER CLOSE is a very small detached house of 77m², built sometime from 2007 onwards, which could now be worth an estimated £292,060. It was last sold for £245,000 in February 2022, which was around 16% below the average February 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

1 ELTERWATER CLOSE Sold Prices

Land registry data shows three sales for 1 ELTERWATER 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 Rochdale local authority area for the corresponding sale date. All of the three 1 ELTERWATER CLOSE 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
2022 4 FEB	£245,000	£291,665	16% below HPI
2013 26 JUL	£128,700	£173,440	26% below HPI
2008 25 APR	£146,950	£206,020	29% below HPI

1 ELTERWATER 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 three 1 ELTERWATER CLOSE sales between April 2008 and February 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 July 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 ELTERWATER CLOSE be worth now?

1 ELTERWATER CLOSE might now be worth an estimated £292,060.

This is based on house price inflation of 19.2%, between February 2022 and February 2025, for detached houses, in the Rochdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 1 ELTERWATER CLOSE of £245,000 on 4th February 2022. For the value to have increased from £245,000 to £292,060 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 ELTERWATER CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The February 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELTERWATER CLOSE has not materially changed since February 2022.

How Large is 1 ELTERWATER CLOSE?

1 ELTERWATER CLOSE is 77m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middleton, and where 1 ELTERWATER CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 ELTERWATER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Middleton.

1 ELTERWATER CLOSE: Plot and Title Map

1 ELTERWATER CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 1 ELTERWATER 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 1 ELTERWATER 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 1 ELTERWATER CLOSE?

1 ELTERWATER CLOSE is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 1 on ELTERWATER CLOSE.