10, RIVERMEAD, NEWHEY, ROCHDALE, OL16 4NF - £244,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 RIVERMEAD is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £459,136. It was last sold for £244,000 in December 2010, which was around 34% above the average December 2010 detached price in the Rochdale local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

10 RIVERMEAD Sold Prices

Land registry data shows three sales for 10 RIVERMEAD 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 10 RIVERMEAD 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
2010 17 DEC	£244,000	£181,413	34% above HPI
2005 29 MAR	£230,000	£173,047	33% above HPI
1996 4 APR	£89,950	£68,719	31% above HPI

10 RIVERMEAD 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 10 RIVERMEAD sales between April 1996 and December 2010 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 March 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2010 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 10 RIVERMEAD be worth now?

10 RIVERMEAD might now be worth an estimated £459,136.

This is based on house price inflation of 88.2%, between December 2010 and December 2024, 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 88.2% inflationary increase is applied to the most recent sale price for 10 RIVERMEAD of £244,000 on 17th December 2010. For the value to have increased from £244,000 to £459,136 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 10 RIVERMEAD has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The December 2010 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIVERMEAD has not materially changed since December 2010.

How Large is 10 RIVERMEAD?

10 RIVERMEAD is 108m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 40% of detached houses houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newhey, and where 10 RIVERMEAD lies on this distribution: 36% of detached houses houses are smaller than 10 RIVERMEAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Newhey.

10 RIVERMEAD: Plot and Title Map

10 RIVERMEAD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 10 RIVERMEAD, 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 10 RIVERMEAD). 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 10 RIVERMEAD?

10 RIVERMEAD is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 10 on RIVERMEAD.