15, RICHMOND CLOSE, ROCHDALE, OL16 4RJ - £238,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RICHMOND CLOSE is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £459,906. It was last sold for £238,500 in November 2011, which was around 32% above the average November 2011 detached price in the Rochdale local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

15 RICHMOND CLOSE Sold Prices

Land registry data shows three sales for 15 RICHMOND 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 15 RICHMOND CLOSE 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
2011 18 NOV	£238,500	£180,306	32% above HPI
2006 26 MAY	£242,500	£182,756	33% above HPI
1998 27 NOV	£112,500	£75,789	48% above HPI

15 RICHMOND 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 15 RICHMOND CLOSE sales between November 1998 and November 2011 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2011 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 15 RICHMOND CLOSE be worth now?

15 RICHMOND CLOSE might now be worth an estimated £459,906.

This is based on house price inflation of 92.8%, between November 2011 and February 2025, 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 92.8% inflationary increase is applied to the most recent sale price for 15 RICHMOND CLOSE of £238,500 on 18th November 2011. For the value to have increased from £238,500 to £459,906 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The November 2011 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 15 RICHMOND CLOSE has not materially changed since November 2011.

How Large is 15 RICHMOND CLOSE?

15 RICHMOND CLOSE is 114m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochdale, and where 15 RICHMOND CLOSE lies on this distribution: 53% of detached houses houses are smaller than 15 RICHMOND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

15 RICHMOND CLOSE: Plot and Title Map

15 RICHMOND CLOSE sits on a plot of roughly 3.2 acres, or 12,812m². The below map shows the location of 15 RICHMOND 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 15 RICHMOND 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 15 RICHMOND CLOSE?

15 RICHMOND CLOSE is located in ROCHDALE, in the OL16 postcode district. The below map shows the position of No. 15 on RICHMOND CLOSE.