3, MARLAND CLOSE, ROCHDALE, OL11 4RG - £240,000

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.

3 MARLAND CLOSE is a small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £346,900. It was last sold for £240,000 in May 2020, which was about the average May 2020 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

3 MARLAND CLOSE Sold Prices

Land registry data shows two sales for 3 MARLAND 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 3 MARLAND CLOSE sales was roughly equal to the average price, whilst the other was 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
2020 7 MAY	£240,000	£240,546	Close to HPI
2011 21 OCT	£157,000	£184,187	15% below HPI

3 MARLAND 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 3 MARLAND CLOSE sales from October 2011 and May 2020 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 MARLAND CLOSE be worth now?

3 MARLAND CLOSE might now be worth an estimated £346,900.

This is based on house price inflation of 44.5%, between May 2020 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 44.5% inflationary increase is applied to the most recent sale price for 3 MARLAND CLOSE of £240,000 on 7th May 2020. For the value to have increased from £240,000 to £346,900 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MARLAND CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The May 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLAND CLOSE has not materially changed since May 2020.

How Large is 3 MARLAND CLOSE?

3 MARLAND CLOSE is 102m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 3 MARLAND CLOSE lies on this distribution: 37% of detached houses houses are smaller than 3 MARLAND CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

3 MARLAND CLOSE: Plot and Title Map

3 MARLAND CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 3 MARLAND 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 3 MARLAND 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 3 MARLAND CLOSE?

3 MARLAND CLOSE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 3 on MARLAND CLOSE.