8, FALCON CLOSE, ROCHDALE, OL12 7RY - £242,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FALCON CLOSE is a midsized detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £352,242. It was last sold for £242,000 in January 2020, which was around 1% above the average January 2020 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

8 FALCON CLOSE Sold Prices

Land registry data shows three sales for 8 FALCON CLOSE 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. One of the three 8 FALCON CLOSE sales was for above the average price, whilst two 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
2020 17 JAN	£242,000	£238,872	1% above HPI
2018 7 NOV	£185,000	£230,190	20% below HPI
2016 26 FEB	£165,000	£193,252	15% below HPI

8 FALCON 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 three 8 FALCON CLOSE sales between February 2016 and January 2020 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 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 FALCON CLOSE be worth now?

8 FALCON CLOSE might now be worth an estimated £352,242.

This is based on house price inflation of 45.6%, between January 2020 and February 2025, for detached houses, in the Rochdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.6% inflationary increase is applied to the most recent sale price for 8 FALCON CLOSE of £242,000 on 17th January 2020. For the value to have increased from £242,000 to £352,242 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 FALCON CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The January 2020 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FALCON CLOSE has not materially changed since January 2020.

How Large is 8 FALCON CLOSE?

8 FALCON CLOSE is 105m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochdale, and where 8 FALCON CLOSE lies on this distribution: 42% of detached houses houses are smaller than 8 FALCON CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

8 FALCON CLOSE: Plot and Title Map

8 FALCON CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 8 FALCON 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 8 FALCON 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 8 FALCON CLOSE?

8 FALCON CLOSE is located in ROCHDALE, in the OL12 postcode district. The below map shows the position of No. 8 on FALCON CLOSE.