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

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

16 DANE BANK is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £260,000 in December 2021, which was around 10% 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	£288,891	10% below HPI
2012 8 OCT	£160,000	£182,389	12% below HPI
1998 18 MAR	£60,000	£75,303	20% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 16 DANE BANK lies on this distribution: 5% of detached houses are smaller than 16 DANE BANK, and 94% 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.