15, TWO BRIDGES ROAD, NEWHEY, ROCHDALE, OL16 3RP - £97,500

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 TWO BRIDGES ROAD is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £193,428. It was last sold for £97,500 in December 2013, which was around 11% below the average December 2013 semi-detached price in the Rochdale local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

15 TWO BRIDGES ROAD Sold Prices

Land registry data shows two sales for 15 TWO BRIDGES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rochdale local authority area for the corresponding sale date. Both of the two 15 TWO BRIDGES ROAD 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
2013 6 DEC	£97,500	£109,019	11% below HPI
2004 24 SEP	£104,000	£105,541	1% below HPI

15 TWO BRIDGES ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 15 TWO BRIDGES ROAD sales from September 2004 and December 2013 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 September 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 15 TWO BRIDGES ROAD be worth now?

15 TWO BRIDGES ROAD might now be worth an estimated £193,428.

This is based on house price inflation of 98.4%, between December 2013 and February 2025, for semi-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 98.4% inflationary increase is applied to the most recent sale price for 15 TWO BRIDGES ROAD of £97,500 on 6th December 2013. For the value to have increased from £97,500 to £193,428 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 TWO BRIDGES ROAD has moved in line with the HPI for semi-detached houses in the Rochdale local authority area.
• The December 2013 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 15 TWO BRIDGES ROAD has not materially changed since December 2013.

How Large is 15 TWO BRIDGES ROAD?

15 TWO BRIDGES ROAD is 76m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Newhey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newhey, and where 15 TWO BRIDGES ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 15 TWO BRIDGES ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newhey.

15 TWO BRIDGES ROAD: Plot and Title Map

15 TWO BRIDGES ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 15 TWO BRIDGES ROAD, 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 TWO BRIDGES ROAD). 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 TWO BRIDGES ROAD?

15 TWO BRIDGES ROAD is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 15 on TWO BRIDGES ROAD.