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

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 ELTERWATER CLOSE is a very small detached house of 77m², built sometime from 2007 onwards. It was last sold for £245,000 in February 2022, which was around 17% 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	£295,071	17% below HPI
2013 26 JUL	£128,700	£175,466	27% below HPI
2008 25 APR	£146,950	£208,425	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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 1 ELTERWATER CLOSE lies on this distribution: 12% of detached 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.