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

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

10 RIVERMEAD is a small detached house of 108m², built sometime between 1996 and 2002. It was last sold for £244,000 in December 2010, which was around 33% 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	£183,531	33% above HPI
2005 29 MAR	£230,000	£175,067	31% above HPI
1996 4 APR	£89,950	£69,522	29% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2010 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Newhey, based on EPC data. The below chart shows the distribution of detached houses by size in Newhey, and where 10 RIVERMEAD lies on this distribution: 38% of detached houses are smaller than 10 RIVERMEAD, and 62% 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 0.196 of an acre, or 791m². 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.