2, PENNINE DRIVE, MILNROW, ROCHDALE, OL16 3DT - £120,500

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 PENNINE DRIVE is a small semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £236,581. It was last sold for £120,500 in November 2013, which was around 10% above the average November 2013 semi-detached price in the Rochdale local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was D.

2 PENNINE DRIVE Sold Prices

Land registry data shows three sales for 2 PENNINE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rochdale local authority area for the corresponding sale date. All of the three 2 PENNINE DRIVE 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
2013 27 NOV	£120,500	£109,159	10% above HPI
2007 31 OCT	£167,000	£129,963	28% above HPI
2003 17 OCT	£127,000	£78,278	62% above HPI

2 PENNINE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rochdale local authority area over time, sourced from the HPI. The three 2 PENNINE DRIVE sales between October 2003 and November 2013 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 October 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2013 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 PENNINE DRIVE be worth now?

2 PENNINE DRIVE might now be worth an estimated £236,581.

This is based on house price inflation of 96.3%, between November 2013 and March 2025, for semi-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 96.3% inflationary increase is applied to the most recent sale price for 2 PENNINE DRIVE of £120,500 on 27th November 2013. For the value to have increased from £120,500 to £236,581 over the twelve years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 PENNINE DRIVE has moved in line with the HPI for semi-detached houses in the Rochdale local authority area.
• The November 2013 sale price of £120,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PENNINE DRIVE has not materially changed since November 2013.

How Large is 2 PENNINE DRIVE?

2 PENNINE DRIVE is 97m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of semi-detached houses houses in Milnrow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Milnrow, and where 2 PENNINE DRIVE lies on this distribution: 36% of semi-detached houses houses are smaller than 2 PENNINE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Milnrow.

2 PENNINE DRIVE: Plot and Title Map

2 PENNINE DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 PENNINE DRIVE, 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 PENNINE DRIVE). 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 PENNINE DRIVE?

2 PENNINE DRIVE is located in MILNROW, in the OL16 postcode district. The below map shows the position of No. 2 on PENNINE DRIVE.