181, NEWHEY ROAD, NEWHEY, ROCHDALE, OL16 3SA - £335,000

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

181 NEWHEY ROAD is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £335,000 in March 2023, which was around 2% above the average March 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

181 NEWHEY ROAD Sold Prices

Land registry data shows two sales for 181 NEWHEY ROAD since 1^st 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. One of the two 181 NEWHEY ROAD sales was for above the average price, whilst the other was 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
2023 10 MAR	£335,000	£328,952	2% above HPI
2008 4 JAN	£164,000	£214,157	23% below HPI

181 NEWHEY ROAD 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 two 181 NEWHEY ROAD sales from January 2008 and March 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 January 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 181 NEWHEY ROAD?

181 NEWHEY ROAD is 86m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses by size in Newhey, and where 181 NEWHEY ROAD lies on this distribution: 14% of detached houses are smaller than 181 NEWHEY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Newhey.

181 NEWHEY ROAD: Plot and Title Map

181 NEWHEY ROAD sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 181 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 181 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.

Where is 181 NEWHEY ROAD?

181 NEWHEY ROAD is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 181 on NEWHEY ROAD.