2, BUTTERWORTH CLOSE, MILNROW, ROCHDALE, OL16 3TU - £244,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BUTTERWORTH CLOSE is a large extended detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £425,905. It was last sold for £244,000 in March 2016, which was around 25% above the average March 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 BUTTERWORTH CLOSE Sold Prices

Land registry data shows two sales for 2 BUTTERWORTH CLOSE 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. Both of the two 2 BUTTERWORTH CLOSE 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
2016 8 MAR	£244,000	£195,568	25% above HPI
2007 29 OCT	£282,500	£209,936	35% above HPI

2 BUTTERWORTH CLOSE 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 2 BUTTERWORTH CLOSE sales from October 2007 and March 2016 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 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 BUTTERWORTH CLOSE be worth now?

2 BUTTERWORTH CLOSE might now be worth an estimated £425,905.

This is based on house price inflation of 74.6%, between March 2016 and December 2024, 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 74.6% inflationary increase is applied to the most recent sale price for 2 BUTTERWORTH CLOSE of £244,000 on 8th March 2016. For the value to have increased from £244,000 to £425,905 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 2 BUTTERWORTH CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The March 2016 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUTTERWORTH CLOSE has not materially changed since March 2016.

How Large is 2 BUTTERWORTH CLOSE?

2 BUTTERWORTH CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Milnrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milnrow, and where 2 BUTTERWORTH CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 BUTTERWORTH CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

2 BUTTERWORTH CLOSE: Plot and Title Map

2 BUTTERWORTH CLOSE sits on a plot of roughly 0.476 of an acre, or 1,928m². The below map shows the location of 2 BUTTERWORTH CLOSE, 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 2 BUTTERWORTH CLOSE). 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 2 BUTTERWORTH CLOSE?

2 BUTTERWORTH CLOSE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 2 on BUTTERWORTH CLOSE.