2, SHOREFIELD CLOSE, MILNROW, ROCHDALE, OL16 3UF - £305,000

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 SHOREFIELD CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £307,928. It was last sold for £305,000 in November 2024, which was around 10% below the average November 2024 detached price in the Rochdale local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 SHOREFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 SHOREFIELD 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. One of the two 2 SHOREFIELD CLOSE sales was for below the average price, whilst the other was 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
2024 15 NOV	£305,000	£338,120	10% below HPI
2020 18 SEP	£250,000	£248,805	Close to HPI

2 SHOREFIELD 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 SHOREFIELD CLOSE sales from September 2020 and November 2024 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 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 SHOREFIELD CLOSE be worth now?

2 SHOREFIELD CLOSE might now be worth an estimated £307,928.

This is based on house price inflation of 1%, between November 2024 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 1% inflationary increase is applied to the most recent sale price for 2 SHOREFIELD CLOSE of £305,000 on 15th November 2024. For the value to have increased from £305,000 to £307,928 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 2 SHOREFIELD CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The November 2024 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHOREFIELD CLOSE has not materially changed since November 2024.

How Large is 2 SHOREFIELD CLOSE?

2 SHOREFIELD CLOSE is 78m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 SHOREFIELD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 SHOREFIELD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

2 SHOREFIELD CLOSE: Plot and Title Map

2 SHOREFIELD CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 SHOREFIELD 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 SHOREFIELD 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 SHOREFIELD CLOSE?

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