38, NEWHOUSE CRESCENT, ROCHDALE, OL11 5RR - £340,000

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.

38 NEWHOUSE CRESCENT is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £491,441. It was last sold for £340,000 in May 2020, which was around 41% above the average May 2020 detached price in the Rochdale local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

38 NEWHOUSE CRESCENT Sold Prices

Land registry data shows two sales for 38 NEWHOUSE CRESCENT 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 38 NEWHOUSE CRESCENT sales was for above 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 29 MAY	£340,000	£240,546	41% above HPI
2018 31 OCT	£197,000	£227,304	13% below HPI

38 NEWHOUSE CRESCENT 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 38 NEWHOUSE CRESCENT sales from October 2018 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 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 38 NEWHOUSE CRESCENT be worth now?

38 NEWHOUSE CRESCENT might now be worth an estimated £491,441.

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 38 NEWHOUSE CRESCENT of £340,000 on 29th May 2020. For the value to have increased from £340,000 to £491,441 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 38 NEWHOUSE CRESCENT has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The May 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NEWHOUSE CRESCENT has not materially changed since May 2020.

How Large is 38 NEWHOUSE CRESCENT?

38 NEWHOUSE CRESCENT is 59m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 38 NEWHOUSE CRESCENT lies on this distribution: 2% of detached houses houses are smaller than 38 NEWHOUSE CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

38 NEWHOUSE CRESCENT: Plot and Title Map

38 NEWHOUSE CRESCENT sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 38 NEWHOUSE CRESCENT, 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 38 NEWHOUSE CRESCENT). 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 38 NEWHOUSE CRESCENT?

38 NEWHOUSE CRESCENT is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 38 on NEWHOUSE CRESCENT.