5 SPRING BANK LANE is a very large detached house of 222m², built sometime between 1967 and 1975. It was last sold for £565,000 in May 2019, which was around 143% above the average May 2019 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 SPRING BANK LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. Both of the two 5 SPRING BANK 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 |
---|---|---|---|
2019 31 MAY | £565,000 | £232,987 | 143% above HPI |
2005 30 SEP | £325,000 | £186,562 | 74% above HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 5 SPRING BANK LANE sales from September 2005 and May 2019 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 September 2005 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2019 sale, where it rises to 143% above the HPI. The line then continues to track at 143% above the HPI.
5 SPRING BANK LANE is 222m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses by size in Rochdale, and where 5 SPRING BANK LANE lies on this distribution: 96% of detached houses are smaller than 5 SPRING BANK LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Rochdale.
5 SPRING BANK LANE sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 5 SPRING BANK 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 5 SPRING BANK 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.
5 SPRING BANK LANE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 5 on SPRING BANK LANE.