51, TWO BRIDGES ROAD, NEWHEY, ROCHDALE, OL16 3RP - £325,000

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

51 TWO BRIDGES ROAD is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £325,000 in February 2023, which was around 1% below the average February 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

51 TWO BRIDGES ROAD Sold Prices

Land registry data shows three sales for 51 TWO BRIDGES ROAD since 1^st 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. Two of the three 51 TWO BRIDGES ROAD sales were for below the average price, whilst one was 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
2023 10 FEB	£325,000	£328,916	1% below HPI
2018 25 MAY	£220,000	£221,354	1% below HPI
1997 5 AUG	£80,000	£74,301	8% above HPI

51 TWO BRIDGES ROAD 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 three 51 TWO BRIDGES ROAD sales between August 1997 and February 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 May 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, which was also at 1% below the HPI.

How Large is 51 TWO BRIDGES ROAD?

51 TWO BRIDGES ROAD is 118m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses by size in Newhey, and where 51 TWO BRIDGES ROAD lies on this distribution: 45% of detached houses are smaller than 51 TWO BRIDGES ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Newhey.

51 TWO BRIDGES ROAD: Plot and Title Map

51 TWO BRIDGES ROAD sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 51 TWO BRIDGES ROAD, 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 51 TWO BRIDGES ROAD). 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 51 TWO BRIDGES ROAD?

51 TWO BRIDGES ROAD is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 51 on TWO BRIDGES ROAD.