2, GALBRAITH WAY, ROCHDALE, OL11 5WE - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GALBRAITH WAY is a very large extended detached house of 153m², built sometime between 1991 and 1995. It was last sold for £500,000 in December 2020, which was around 91% above the average December 2020 detached price in the Rochdale local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 GALBRAITH WAY Sold Prices

Land registry data shows four sales for 2 GALBRAITH WAY 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. All of the four 2 GALBRAITH 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
2020 11 DEC	£500,000	£261,330	91% above HPI
2016 7 MAR	£375,000	£197,852	90% above HPI
2009 18 SEP	£350,000	£185,308	89% above HPI
1998 26 JUN	£138,950	£77,594	79% above HPI

2 GALBRAITH 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 four 2 GALBRAITH WAY sales between June 1998 and December 2020 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 March 2016 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the December 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 2 GALBRAITH WAY?

2 GALBRAITH WAY is 153m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses by size in Rochdale, and where 2 GALBRAITH WAY lies on this distribution: 82% of detached houses are smaller than 2 GALBRAITH WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

2 GALBRAITH WAY: Plot and Title Map

2 GALBRAITH WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 2 GALBRAITH 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 GALBRAITH 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 GALBRAITH WAY?

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