3, WATERVIEW CLOSE, NEWHEY, ROCHDALE, OL16 4NE - £247,000

3 WATERVIEW CLOSE is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £247,000 in February 2011, which was around 39% above the average February 2011 detached price in the Rochdale local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

3 WATERVIEW CLOSE Sold Prices

Land registry data shows three sales for 3 WATERVIEW 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 3 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 18 FEB	£247,000	£177,361	39% above HPI
2005 17 OCT	£215,000	£187,341	15% above HPI
1996 21 FEB	£88,000	£70,869	24% above HPI

3 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 three 3 WATERVIEW CLOSE sales between February 1996 and February 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 October 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2011 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 3 WATERVIEW CLOSE?

3 WATERVIEW CLOSE is 106m² according to the EPC inspection conducted in October 2010. 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 3 WATERVIEW CLOSE lies on this distribution: 37% of detached houses are smaller than 3 WATERVIEW CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Newhey.

3 WATERVIEW CLOSE: Plot and Title Map

3 WATERVIEW CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 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 3 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 3 WATERVIEW CLOSE?

3 WATERVIEW CLOSE is located in NEWHEY, in the OL16 postcode district. The below map shows the position of No. 3 on WATERVIEW CLOSE.