23, SEVERN DRIVE, MILNROW, ROCHDALE, OL16 3ES - £255,000

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

23 SEVERN DRIVE is a large detached house of 115m², built sometime between 1967 and 1975. It was last sold for £255,000 in October 2019, which was around 5% above the average October 2019 detached price in the Rochdale local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

23 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 23 SEVERN DRIVE 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. All of the four 23 SEVERN DRIVE 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
2019 4 OCT	£255,000	£242,826	5% above HPI
2016 21 OCT	£210,000	£206,441	2% above HPI
2009 11 MAY	£191,500	£178,806	7% above HPI
2005 16 DEC	£190,000	£185,077	3% above HPI

23 SEVERN DRIVE 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 23 SEVERN DRIVE sales between December 2005 and October 2019 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 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 23 SEVERN DRIVE?

23 SEVERN DRIVE is 115m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Milnrow, based on EPC data. The below chart shows the distribution of detached houses by size in Milnrow, and where 23 SEVERN DRIVE lies on this distribution: 60% of detached houses are smaller than 23 SEVERN DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

23 SEVERN DRIVE: Plot and Title Map

23 SEVERN DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 23 SEVERN DRIVE, 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 SEVERN DRIVE). 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 SEVERN DRIVE?

23 SEVERN DRIVE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 23 on SEVERN DRIVE.