Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MILLRACE CLOSE is a midsized property of 113m². It was last sold for £15,402 in August 2023, which was around 95% below the average August 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 MILLRACE CLOSE since 1st 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. One of the three 1 MILLRACE CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2023 15 AUG | £15,402 | £324,762 | 95% below HPI |
2018 3 MAY | £244,000 | £221,354 | 10% above HPI |
2013 28 JUN | £216,505 | £179,547 | 21% above HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The three 1 MILLRACE CLOSE sales between June 2013 and August 2023 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 May 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2023 sale, where it falls to 95% below the HPI. The line then continues to track at 95% below the HPI.
1 MILLRACE CLOSE is 113m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% 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 MILLRACE CLOSE lies on this distribution: 52% of detached houses are smaller than 1 MILLRACE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Rochdale.
1 MILLRACE CLOSE sits on a plot of roughly 0.751 of an acre, or 3,038m². The below map shows the location of 1 MILLRACE 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 MILLRACE 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.
1 MILLRACE CLOSE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 1 on MILLRACE CLOSE.