2, PENROSE GARDENS, MIDDLETON, MANCHESTER, M24 2SY - £190,000

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

2 PENROSE GARDENS is a very small extended detached house of 68m², built sometime between 1991 and 1995. It was last sold for £190,000 in August 2018, which was around 15% below the average August 2018 detached price in the Rochdale local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 PENROSE GARDENS Sold Prices

Land registry data shows four sales for 2 PENROSE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. The four 2 PENROSE GARDENS sales were a mix of below the average price, and roughly equal to 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
2018 24 AUG	£190,000	£224,125	15% below HPI
2011 9 SEP	£143,000	£183,597	22% below HPI
2008 27 JUN	£160,000	£205,124	22% below HPI
1997 27 MAR	£73,950	£73,821	Close to HPI

2 PENROSE GARDENS 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 four 2 PENROSE GARDENS sales between March 1997 and August 2018 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 September 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 PENROSE GARDENS?

2 PENROSE GARDENS is 68m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 2 PENROSE GARDENS lies on this distribution: 5% of detached houses are smaller than 2 PENROSE GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Middleton.

2 PENROSE GARDENS: Plot and Title Map

2 PENROSE GARDENS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 PENROSE GARDENS, 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 PENROSE GARDENS). 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 PENROSE GARDENS?

2 PENROSE GARDENS is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 2 on PENROSE GARDENS.