5, SEVERN DRIVE, MILNROW, ROCHDALE, OL16 3ES - £167,500

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

5 SEVERN DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £167,500 in July 2015, which was around 13% below the average July 2015 detached price in the Rochdale 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.

5 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 5 SEVERN DRIVE 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 5 SEVERN DRIVE 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
2015 17 JUL	£167,500	£192,026	13% below HPI
2010 8 JAN	£125,000	£188,442	34% below HPI

5 SEVERN DRIVE 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 5 SEVERN DRIVE sales from January 2010 and July 2015 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 January 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 SEVERN DRIVE?

5 SEVERN DRIVE is 71m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Milnrow, based on EPC data. The below chart shows the distribution of detached houses by size in Milnrow, and where 5 SEVERN DRIVE lies on this distribution: 9% of detached houses are smaller than 5 SEVERN DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

5 SEVERN DRIVE: Plot and Title Map

5 SEVERN DRIVE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 5 SEVERN DRIVE, 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 5 SEVERN DRIVE). 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 5 SEVERN DRIVE?

5 SEVERN DRIVE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 5 on SEVERN DRIVE.