248, MANCHESTER NEW ROAD, MIDDLETON, MANCHESTER, M24 1NP - £650,000

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.

248 MANCHESTER NEW ROAD is a very large detached house of 202m², built sometime between 1900 and 1929, which could now be worth an estimated £1,149,427. It was last sold for £650,000 in February 2016, which was around 236% above the average February 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was D.

248 MANCHESTER NEW ROAD Sold Prices

Land registry data shows two sales for 248 MANCHESTER NEW ROAD 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 248 MANCHESTER NEW ROAD 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 4 FEB	£650,000	£193,252	236% above HPI
2011 15 APR	£300,000	£176,754	70% above HPI

248 MANCHESTER NEW ROAD 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 248 MANCHESTER NEW ROAD sales from April 2011 and February 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 April 2011 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2016 sale, where it rises to 236% above the HPI. The line then continues to track at 236% above the HPI.

What might 248 MANCHESTER NEW ROAD be worth now?

248 MANCHESTER NEW ROAD might now be worth an estimated £1,149,427.

This is based on house price inflation of 76.8%, between February 2016 and March 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 76.8% inflationary increase is applied to the most recent sale price for 248 MANCHESTER NEW ROAD of £650,000 on 4th February 2016. For the value to have increased from £650,000 to £1,149,427 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of 248 MANCHESTER NEW ROAD has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The February 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 248 MANCHESTER NEW ROAD has not materially changed since February 2016.

How Large is 248 MANCHESTER NEW ROAD?

248 MANCHESTER NEW ROAD is 202m² according to the EPC inspection conducted in August 2010. This puts it in the largest 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 248 MANCHESTER NEW ROAD lies on this distribution: 95% of detached houses houses are smaller than 248 MANCHESTER NEW ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Middleton.

248 MANCHESTER NEW ROAD: Plot and Title Map

248 MANCHESTER NEW ROAD sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of 248 MANCHESTER NEW ROAD, 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 248 MANCHESTER NEW ROAD). 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 248 MANCHESTER NEW ROAD?

248 MANCHESTER NEW ROAD is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 248 on MANCHESTER NEW ROAD.