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
48 WILLOW AVENUE is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £162,500 in July 2023, which was around 50% below the average July 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 48 WILLOW AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the three 48 WILLOW AVENUE sales were 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 |
---|---|---|---|
2023 21 JUL | £162,500 | £325,130 | 50% below HPI |
2015 3 JUL | £98,500 | £192,026 | 49% below HPI |
2006 12 MAY | £94,500 | £184,890 | 49% below HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The three 48 WILLOW AVENUE sales between May 2006 and July 2023 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 July 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
48 WILLOW AVENUE is 54m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 48 WILLOW AVENUE lies on this distribution: 1% of detached houses are smaller than 48 WILLOW AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Middleton.
48 WILLOW AVENUE sits on a plot of roughly 0.528 of an acre, or 2,137m². The below map shows the location of 48 WILLOW AVENUE, 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 48 WILLOW AVENUE). 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.
48 WILLOW AVENUE is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 48 on WILLOW AVENUE.