2, FOUR LANES WAY, ROCHDALE, OL11 5TL - £410,000

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.

2 FOUR LANES WAY is a large extended detached house of 149m², built sometime between 1976 and 1982, which could now be worth an estimated £496,842. It was last sold for £410,000 in September 2021, which was around 43% above the average September 2021 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 FOUR LANES WAY Sold Prices

Land registry data shows two sales for 2 FOUR LANES WAY since 1^st 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 2 FOUR LANES WAY 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
2021 29 SEP	£410,000	£286,917	43% above HPI
2000 13 JUN	£128,000	£84,424	52% above HPI

2 FOUR LANES WAY 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 two 2 FOUR LANES WAY sales from June 2000 and September 2021 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 June 2000 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 FOUR LANES WAY be worth now?

2 FOUR LANES WAY might now be worth an estimated £496,842.

This is based on house price inflation of 21.2%, between September 2021 and February 2025, 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 21.2% inflationary increase is applied to the most recent sale price for 2 FOUR LANES WAY of £410,000 on 29th September 2021. For the value to have increased from £410,000 to £496,842 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 FOUR LANES WAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The September 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOUR LANES WAY has not materially changed since September 2021.

How Large is 2 FOUR LANES WAY?

2 FOUR LANES WAY is 149m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 2 FOUR LANES WAY lies on this distribution: 80% of detached houses houses are smaller than 2 FOUR LANES WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

2 FOUR LANES WAY: Plot and Title Map

2 FOUR LANES WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 2 FOUR LANES WAY, 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 2 FOUR LANES WAY). 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 2 FOUR LANES WAY?

2 FOUR LANES WAY is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 2 on FOUR LANES WAY.