4, NEW WAY, WHITWORTH, ROCHDALE, OL12 8AN - £278,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 NEW WAY is a very large detached house of 174m², built sometime between 1976 and 1982. It was last sold for £278,000 in July 2019, which was around 22% above the average July 2019 detached price in the Rossendale local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

4 NEW WAY Sold Prices

Land registry data shows two sales for 4 NEW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Both of the two 4 NEW WAY 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 26 JUL	£278,000	£227,754	22% above HPI
2003 4 APR	£159,000	£113,158	41% above HPI

4 NEW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rossendale local authority area over time, sourced from the HPI. The two 4 NEW WAY sales from April 2003 and July 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 April 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 4 NEW WAY?

4 NEW WAY is 174m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Whitworth, based on EPC data. The below chart shows the distribution of detached houses by size in Whitworth, and where 4 NEW WAY lies on this distribution: 91% of detached houses are smaller than 4 NEW WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Whitworth.

4 NEW WAY: Plot and Title Map

4 NEW WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 4 NEW WAY, 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 4 NEW WAY). 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 4 NEW WAY?

4 NEW WAY is located in WHITWORTH, in the OL12 postcode district. The below map shows the position of No. 4 on NEW WAY.