23, PENROSE GARDENS, MIDDLETON, MANCHESTER, M24 2SY - £137,500

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.

23 PENROSE GARDENS is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £215,998. It was last sold for £137,500 in July 2018, which was around 38% below the average July 2018 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

23 PENROSE GARDENS Sold Prices

Land registry data shows two sales for 23 PENROSE GARDENS 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 23 PENROSE GARDENS 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
2018 11 JUL	£137,500	£221,332	38% below HPI
1997 21 MAR	£63,250	£72,969	13% below HPI

23 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 two 23 PENROSE GARDENS sales from March 1997 and July 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 March 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 23 PENROSE GARDENS be worth now?

23 PENROSE GARDENS might now be worth an estimated £215,998.

This is based on house price inflation of 57.1%, between July 2018 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 57.1% inflationary increase is applied to the most recent sale price for 23 PENROSE GARDENS of £137,500 on 11th July 2018. For the value to have increased from £137,500 to £215,998 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 23 PENROSE GARDENS has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The July 2018 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 23 PENROSE GARDENS has not materially changed since July 2018.

How Large is 23 PENROSE GARDENS?

23 PENROSE GARDENS is 70m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middleton, and where 23 PENROSE GARDENS lies on this distribution: 5% of detached houses houses are smaller than 23 PENROSE GARDENS, and 94% of houses are larger. Note that EPC data is not available for all properties in Middleton.

23 PENROSE GARDENS: Plot and Title Map

23 PENROSE GARDENS sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 23 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 23 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 23 PENROSE GARDENS?

23 PENROSE GARDENS is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 23 on PENROSE GARDENS.