2, SHERWIN WAY, ROCHDALE, OL11 2UZ - £245,000

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 SHERWIN WAY is a very large extended detached house of 185m², built sometime between 1967 and 1975, which could now be worth an estimated £445,795. It was last sold for £245,000 in November 2015, which was around 28% above the average November 2015 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 SHERWIN WAY Sold Prices

Land registry data shows two sales for 2 SHERWIN 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. One of the two 2 SHERWIN WAY 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
2015 27 NOV	£245,000	£191,083	28% above HPI
2007 9 MAR	£145,000	£196,368	26% below HPI

2 SHERWIN 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 SHERWIN WAY sales from March 2007 and November 2015 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 SHERWIN WAY be worth now?

2 SHERWIN WAY might now be worth an estimated £445,795.

This is based on house price inflation of 82%, between November 2015 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 82% inflationary increase is applied to the most recent sale price for 2 SHERWIN WAY of £245,000 on 27th November 2015. For the value to have increased from £245,000 to £445,795 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SHERWIN WAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The November 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERWIN WAY has not materially changed since November 2015.

How Large is 2 SHERWIN WAY?

2 SHERWIN WAY is 185m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 SHERWIN WAY lies on this distribution: 91% of detached houses houses are smaller than 2 SHERWIN WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

2 SHERWIN WAY: Plot and Title Map

2 SHERWIN WAY sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 2 SHERWIN 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 SHERWIN 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 SHERWIN WAY?

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