16, DANE BANK, MIDDLETON, MANCHESTER, M24 2RL - £260,000

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.

16 DANE BANK is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £316,571. It was last sold for £260,000 in December 2021, which was around 9% below the average December 2021 detached price in the Rochdale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

16 DANE BANK Sold Prices

Land registry data shows three sales for 16 DANE BANK 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 16 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
2021 22 DEC	£260,000	£285,557	9% below HPI
2012 8 OCT	£160,000	£180,284	11% below HPI
1998 18 MAR	£60,000	£74,433	19% below HPI

16 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 three 16 DANE BANK sales between March 1998 and December 2021 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 October 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 DANE BANK be worth now?

16 DANE BANK might now be worth an estimated £316,571.

This is based on house price inflation of 21.8%, between December 2021 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 21.8% inflationary increase is applied to the most recent sale price for 16 DANE BANK of £260,000 on 22nd December 2021. For the value to have increased from £260,000 to £316,571 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 DANE BANK has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The December 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DANE BANK has not materially changed since December 2021.

How Large is 16 DANE BANK?

16 DANE BANK is 69m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middleton, and where 16 DANE BANK lies on this distribution: 5% of detached houses houses are smaller than 16 DANE BANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Middleton.

16 DANE BANK: Plot and Title Map

16 DANE BANK sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 16 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 16 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 16 DANE BANK?

16 DANE BANK is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 16 on DANE BANK.