2, RICHMOND CLOSE, ROCHDALE, OL16 4RJ - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RICHMOND CLOSE is a very large detached house of 180m², built sometime between 2003 and 2006, which could now be worth an estimated £425,883. It was last sold for £249,950 in October 2016, which was around 22% above the average October 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was B.

2 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 2 RICHMOND 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 RICHMOND 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 26 OCT	£249,950	£204,058	22% above HPI
1998 17 DEC	£104,950	£75,163	40% above HPI

2 RICHMOND 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 RICHMOND CLOSE sales from December 1998 and October 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 December 1998 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 RICHMOND CLOSE be worth now?

2 RICHMOND CLOSE might now be worth an estimated £425,883.

This is based on house price inflation of 70.4%, between October 2016 and February 2025, 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 70.4% inflationary increase is applied to the most recent sale price for 2 RICHMOND CLOSE of £249,950 on 26th October 2016. For the value to have increased from £249,950 to £425,883 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The October 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 RICHMOND CLOSE has not materially changed since October 2016.

How Large is 2 RICHMOND CLOSE?

2 RICHMOND CLOSE is 180m² according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochdale, and where 2 RICHMOND CLOSE lies on this distribution: 89% of detached houses houses are smaller than 2 RICHMOND CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

2 RICHMOND CLOSE: Plot and Title Map

2 RICHMOND CLOSE sits on a plot of roughly 3.2 acres, or 12,812m². The below map shows the location of 2 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

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