32, MELBOURNE CLOSE, ROCHDALE, OL11 2EJ - £100,000

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.

32 MELBOURNE CLOSE is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £192,366. It was last sold for £100,000 in May 2015, which was around 13% above the average May 2015 terraced price in the Rochdale local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

32 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 32 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rochdale local authority area for the corresponding sale date. Both of the two 32 MELBOURNE 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
2015 21 MAY	£100,000	£88,688	13% above HPI
2009 15 JAN	£99,000	£90,025	10% above HPI

32 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rochdale local authority area over time, sourced from the HPI. The two 32 MELBOURNE CLOSE sales from January 2009 and May 2015 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 January 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 32 MELBOURNE CLOSE be worth now?

32 MELBOURNE CLOSE might now be worth an estimated £192,366.

This is based on house price inflation of 92.4%, between May 2015 and May 2026, for terraced 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 92.4% inflationary increase is applied to the most recent sale price for 32 MELBOURNE CLOSE of £100,000 on 21st May 2015. For the value to have increased from £100,000 to £192,366 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 32 MELBOURNE CLOSE has moved in line with the HPI for terraced houses in the Rochdale local authority area.
• The May 2015 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MELBOURNE CLOSE has not materially changed since May 2015.

How Large is 32 MELBOURNE CLOSE?

32 MELBOURNE CLOSE is 63m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Rochdale, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rochdale, and where 32 MELBOURNE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 32 MELBOURNE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

32 MELBOURNE CLOSE: Plot and Title Map

32 MELBOURNE CLOSE sits on a plot of roughly 1.7 acres, or 6,828m². The below map shows the location of 32 MELBOURNE 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 32 MELBOURNE 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 32 MELBOURNE CLOSE?

32 MELBOURNE CLOSE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 32 on MELBOURNE CLOSE.