245, BROAD LANE, BURNEDGE, ROCHDALE, OL16 4PU - £243,000

245 BROAD LANE is a small extended detached house of 98m², built sometime before 1900. It was last sold for £243,000 in September 2016, which was around 18% above the average September 2016 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

245 BROAD LANE Sold Prices

Land registry data shows four sales for 245 BROAD LANE 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. Most of the four 245 BROAD LANE 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 8 SEP	£243,000	£206,235	18% above HPI
2009 4 DEC	£175,000	£192,287	9% below HPI
2009 17 JUL	£200,000	£186,565	7% above HPI
2002 24 SEP	£124,500	£112,721	10% above HPI

245 BROAD LANE 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 245 BROAD LANE sales between September 2002 and September 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 December 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 245 BROAD LANE?

245 BROAD LANE is 98m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses by size in Rochdale, and where 245 BROAD LANE lies on this distribution: 34% of detached houses are smaller than 245 BROAD LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

245 BROAD LANE: Plot and Title Map

245 BROAD LANE sits on a plot of roughly 0.668 of an acre, or 2,702m². The below map shows the location of 245 BROAD LANE, 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 245 BROAD LANE). 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 245 BROAD LANE?

245 BROAD LANE is located in BURNEDGE, in the OL16 postcode district. The below map shows the position of No. 245 on BROAD LANE.