7, WATERVIEW CLOSE, NEWHEY, ROCHDALE, OL16 4NE - £232,000

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

7 WATERVIEW CLOSE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £232,000 in April 2011, which was around 30% above the average April 2011 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

7 WATERVIEW CLOSE Sold Prices

Land registry data shows two sales for 7 WATERVIEW CLOSE 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 7 WATERVIEW CLOSE 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
2011 21 APR	£232,000	£178,818	30% above HPI
1995 19 MAY	£91,950	£71,151	29% above HPI

7 WATERVIEW CLOSE 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 7 WATERVIEW CLOSE sales from May 1995 and April 2011 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 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 7 WATERVIEW CLOSE?

7 WATERVIEW CLOSE is 105m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses by size in Newhey, and where 7 WATERVIEW CLOSE lies on this distribution: 34% of detached houses are smaller than 7 WATERVIEW CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Newhey.

7 WATERVIEW CLOSE: Plot and Title Map

7 WATERVIEW CLOSE sits on a plot of roughly 0.368 of an acre, or 1,487m². The below map shows the location of 7 WATERVIEW CLOSE, 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 7 WATERVIEW CLOSE). 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 7 WATERVIEW CLOSE?

7 WATERVIEW CLOSE is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 7 on WATERVIEW CLOSE.