12, WATER LANE, MILNROW, ROCHDALE, OL16 3TL - £270,000

12 WATER LANE is a very small detached house of 62m². It was last sold for £270,000 in November 2018, which was around 16% above the average November 2018 detached price in the Rochdale local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

12 WATER LANE Sold Prices

Land registry data shows two sales for 12 WATER LANE 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 12 WATER LANE 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
2018 30 NOV	£270,000	£232,878	16% above HPI
2008 28 NOV	£280,000	£195,142	43% above HPI

12 WATER LANE 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 12 WATER LANE sales from November 2008 and November 2018 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 2008 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 WATER LANE?

12 WATER LANE is 62m² according to the EPC inspection conducted in October 2008. 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 12 WATER LANE lies on this distribution: 2% of detached houses are smaller than 12 WATER LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

12 WATER LANE: Plot and Title Map

12 WATER LANE sits on a plot of roughly 2.1 acres, or 8,698m². The below map shows the location of 12 WATER LANE, 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 12 WATER LANE). 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 12 WATER LANE?

12 WATER LANE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 12 on WATER LANE.