Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
179 NEWHEY ROAD is a large detached house of 164m², built sometime between 1983 and 1990. It was last sold for £530,000 in December 2023, which was around 64% above the average December 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 179 NEWHEY ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. Both of the two 179 NEWHEY ROAD 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 |
---|---|---|---|
2023 20 DEC | £530,000 | £323,892 | 64% above HPI |
2015 15 MAY | £330,000 | £192,016 | 72% above HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 179 NEWHEY ROAD sales from May 2015 and December 2023 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 2015 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2023 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.
179 NEWHEY ROAD is 164m² according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses by size in Newhey, and where 179 NEWHEY ROAD lies on this distribution: 74% of detached houses are smaller than 179 NEWHEY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Newhey.
179 NEWHEY ROAD sits on a plot of roughly 0.348 of an acre, or 1,407m². The below map shows the location of 179 NEWHEY 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 179 NEWHEY 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.
179 NEWHEY ROAD is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 179 on NEWHEY ROAD.