Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
17 SPENCER LANE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £385,000 in April 2022, which was around 28% above the average April 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 C.
Land registry data shows two sales for 17 SPENCER 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. One of the two 17 SPENCER LANE sales was for above the average price, whilst the other was for below 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 1 APR | £385,000 | £300,131 | 28% above HPI |
2018 12 JAN | £205,000 | £220,418 | 7% below HPI |
The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 17 SPENCER LANE sales from January 2018 and April 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 January 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
17 SPENCER LANE is 99m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 17 SPENCER LANE lies on this distribution: 35% of detached houses are smaller than 17 SPENCER LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rochdale.
17 SPENCER LANE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 17 SPENCER 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 17 SPENCER 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.
17 SPENCER LANE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 17 on SPENCER LANE.