4, WATER LANE, MILNROW, ROCHDALE, OL16 3TL - £360,000

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

4 WATER LANE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £360,000 in March 2022, which was around 21% above the average March 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 WATER LANE Sold Prices

Land registry data shows two sales for 4 WATER LANE 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 4 WATER LANE 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
2022 25 MAR	£360,000	£297,189	21% above HPI
2007 30 NOV	£267,500	£212,569	26% above HPI

4 WATER LANE 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 4 WATER LANE sales from November 2007 and March 2022 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 November 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 4 WATER LANE?

4 WATER LANE is 109m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Milnrow, based on EPC data. The below chart shows the distribution of detached houses by size in Milnrow, and where 4 WATER LANE lies on this distribution: 53% of detached houses are smaller than 4 WATER LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

4 WATER LANE: Plot and Title Map

4 WATER LANE sits on a plot of roughly 0.476 of an acre, or 1,928m². The below map shows the location of 4 WATER LANE, 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 WATER LANE). 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 WATER LANE?

4 WATER LANE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 4 on WATER LANE.