RAILWAY COTTAGE, GREEN LANE, HEYWOOD, OL10 2EW - £60,000

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

RAILWAY COTTAGE is a very small detached house of 79m², built sometime before 1900. It was last sold for £60,000 in June 1999, which was around 26% below the average June 1999 detached price in the Rochdale local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

RAILWAY COTTAGE Sold Prices

Land registry data shows two sales for RAILWAY COTTAGE 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 RAILWAY COTTAGE 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
1999 11 JUN	£60,000	£80,655	26% below HPI
1997 30 JUL	£44,000	£75,373	42% below HPI

RAILWAY COTTAGE 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 RAILWAY COTTAGE sales from July 1997 and June 1999 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 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 1999 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is RAILWAY COTTAGE?

RAILWAY COTTAGE is 79m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Heywood, based on EPC data. The below chart shows the distribution of detached houses by size in Heywood, and where RAILWAY COTTAGE lies on this distribution: 13% of detached houses are smaller than RAILWAY COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Heywood.

RAILWAY COTTAGE: Plot and Title Map

RAILWAY COTTAGE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of RAILWAY COTTAGE, 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 RAILWAY COTTAGE). 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 RAILWAY COTTAGE?

RAILWAY COTTAGE is located on GREEN LANE in HEYWOOD, in the OL10 postcode district. The below map shows the position of RAILWAY COTTAGE on GREEN LANE.