5, BANKS CROFT, HEYWOOD, OL10 2NG - £260,000

5 BANKS CROFT is a very large extended detached house of 189m², built sometime between 1996 and 2002. It was last sold for £260,000 in March 2016, which was around 31% above the average March 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

5 BANKS CROFT Sold Prices

Land registry data shows four sales for 5 BANKS CROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the four 5 BANKS CROFT 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
2016 1 MAR	£260,000	£197,852	31% above HPI
2008 28 AUG	£290,000	£203,698	42% above HPI
2001 12 DEC	£136,500	£96,875	41% above HPI
1999 26 FEB	£115,000	£76,695	50% above HPI

5 BANKS CROFT 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 four 5 BANKS CROFT sales between February 1999 and March 2016 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 2008 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 5 BANKS CROFT?

5 BANKS CROFT is 189m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Heywood, based on EPC data. The below chart shows the distribution of detached houses by size in Heywood, and where 5 BANKS CROFT lies on this distribution: 94% of detached houses are smaller than 5 BANKS CROFT, and 5% of houses are larger. Note that EPC data is not available for all properties in Heywood.

5 BANKS CROFT: Plot and Title Map

5 BANKS CROFT sits on a plot of roughly 0.959 of an acre, or 3,882m². The below map shows the location of 5 BANKS CROFT, 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 5 BANKS CROFT). 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 5 BANKS CROFT?

5 BANKS CROFT is located in HEYWOOD, in the OL10 postcode district. The below map shows the position of No. 5 on BANKS CROFT.