2, WHITEBEAM CLOSE, NEWHEY, ROCHDALE, OL16 4ND - £463,000

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.

2 WHITEBEAM CLOSE is a very large extended detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £534,295. It was last sold for £463,000 in August 2022, which was around 48% above the average August 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

2 WHITEBEAM CLOSE Sold Prices

Land registry data shows three sales for 2 WHITEBEAM 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. All of the three 2 WHITEBEAM 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
2022 22 AUG	£463,000	£313,063	48% above HPI
2022 19 AUG	£463,000	£313,063	48% above HPI
1997 30 APR	£102,000	£70,881	44% above HPI

2 WHITEBEAM 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 2 WHITEBEAM CLOSE sales between April 1997 and August 2022 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 August 2022 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2022 sale, which was also at 48% above the HPI.

What might 2 WHITEBEAM CLOSE be worth now?

2 WHITEBEAM CLOSE might now be worth an estimated £534,295.

This is based on house price inflation of 15.4%, between August 2022 and July 2026, 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 15.4% inflationary increase is applied to the most recent sale price for 2 WHITEBEAM CLOSE of £463,000 on 22nd August 2022. For the value to have increased from £463,000 to £534,295 over the four years and one month to July 2026, the following assumptions must hold true:

• The value of 2 WHITEBEAM CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The August 2022 sale price of £463,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHITEBEAM CLOSE has not materially changed since August 2022.

How Large is 2 WHITEBEAM CLOSE?

2 WHITEBEAM CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Newhey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newhey, and where 2 WHITEBEAM CLOSE lies on this distribution: 82% of detached houses houses are smaller than 2 WHITEBEAM CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newhey.

2 WHITEBEAM CLOSE: Plot and Title Map

2 WHITEBEAM CLOSE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 2 WHITEBEAM 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 2 WHITEBEAM 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 2 WHITEBEAM CLOSE?

2 WHITEBEAM CLOSE is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 2 on WHITEBEAM CLOSE.