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
2 LANESIDE WALK is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £240,000 in February 2022, which was around 19% below the average February 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 2 LANESIDE WALK since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the six 2 LANESIDE WALK 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 |
---|---|---|---|
2022 18 FEB | £240,000 | £295,071 | 19% below HPI |
2013 23 OCT | £120,000 | £181,902 | 34% below HPI |
2007 6 AUG | £135,000 | £209,788 | 36% below HPI |
2004 12 MAR | £130,000 | £149,922 | 13% below HPI |
2001 10 AUG | £82,000 | £94,135 | 13% below HPI |
1999 4 FEB | £65,500 | £76,695 | 15% below HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The six 2 LANESIDE WALK sales between February 1999 and February 2022 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 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
2 LANESIDE WALK is 78m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Milnrow, based on EPC data. The below chart shows the distribution of detached houses by size in Milnrow, and where 2 LANESIDE WALK lies on this distribution: 16% of detached houses are smaller than 2 LANESIDE WALK, and 84% of houses are larger. Note that EPC data is not available for all properties in Milnrow.
2 LANESIDE WALK sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 LANESIDE WALK, 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 LANESIDE WALK). 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.
2 LANESIDE WALK is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 2 on LANESIDE WALK.