6, TERN CLOSE, ROCHDALE, OL11 5QU - £368,500

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.

6 TERN CLOSE is a large extended detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £447,964. It was last sold for £368,500 in March 2022, which was around 25% above the average March 2022 detached price in the Rochdale local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

6 TERN CLOSE Sold Prices

Land registry data shows three sales for 6 TERN 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 6 TERN 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 11 MAR	£368,500	£293,759	25% above HPI
1998 13 NOV	£91,000	£75,789	20% above HPI
1996 22 MAR	£95,000	£70,848	34% above HPI

6 TERN 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 6 TERN CLOSE sales between March 1996 and March 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 November 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 6 TERN CLOSE be worth now?

6 TERN CLOSE might now be worth an estimated £447,964.

This is based on house price inflation of 21.6%, between March 2022 and March 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 21.6% inflationary increase is applied to the most recent sale price for 6 TERN CLOSE of £368,500 on 11th March 2022. For the value to have increased from £368,500 to £447,964 over the four years to March 2026, the following assumptions must hold true:

• The value of 6 TERN CLOSE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The March 2022 sale price of £368,500 represented a fair market value for the property.
• The size, condition, and specification of 6 TERN CLOSE has not materially changed since March 2022.

How Large is 6 TERN CLOSE?

6 TERN CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochdale, and where 6 TERN CLOSE lies on this distribution: 65% of detached houses houses are smaller than 6 TERN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

6 TERN CLOSE: Plot and Title Map

6 TERN CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 6 TERN 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 6 TERN 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 6 TERN CLOSE?

6 TERN CLOSE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 6 on TERN CLOSE.