12, DANE BANK, MIDDLETON, MANCHESTER, M24 2RL - £280,000

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

12 DANE BANK is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £280,000 in February 2022, which was around 5% below the average February 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

12 DANE BANK Sold Prices

Land registry data shows four sales for 12 DANE BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the four 12 DANE BANK 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 17 FEB	£280,000	£295,071	5% below HPI
2015 21 DEC	£171,000	£193,469	12% below HPI
2004 11 JUN	£153,000	£157,437	3% below HPI
1998 5 JAN	£64,950	£75,003	13% below HPI

12 DANE BANK 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 four 12 DANE BANK sales between January 1998 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 December 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 DANE BANK?

12 DANE BANK is 92m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 12 DANE BANK lies on this distribution: 35% of detached houses are smaller than 12 DANE BANK, and 64% of houses are larger. Note that EPC data is not available for all properties in Middleton.

12 DANE BANK: Plot and Title Map

12 DANE BANK sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 DANE BANK, 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 12 DANE BANK). 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 12 DANE BANK?

12 DANE BANK is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 12 on DANE BANK.