26, SPENCER LANE, ROCHDALE, OL11 5PE - £425,000

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.

26 SPENCER LANE is a very large detached house of 178m², built sometime between 1950 and 1966, which could now be worth an estimated £507,883. It was last sold for £425,000 in October 2021, which was around 49% above the average October 2021 detached price in the Rochdale local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

26 SPENCER LANE Sold Prices

Land registry data shows three sales for 26 SPENCER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the three 26 SPENCER LANE 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 8 OCT	£425,000	£285,968	49% above HPI
2007 24 AUG	£295,000	£207,367	42% above HPI
2004 1 OCT	£230,000	£174,215	32% above HPI

26 SPENCER LANE 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 three 26 SPENCER LANE sales between October 2004 and October 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 August 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 26 SPENCER LANE be worth now?

26 SPENCER LANE might now be worth an estimated £507,883.

This is based on house price inflation of 19.5%, between October 2021 and March 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 19.5% inflationary increase is applied to the most recent sale price for 26 SPENCER LANE of £425,000 on 8th October 2021. For the value to have increased from £425,000 to £507,883 over the four years and seven months to March 2025, the following assumptions must hold true:

• The value of 26 SPENCER LANE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The October 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SPENCER LANE has not materially changed since October 2021.

How Large is 26 SPENCER LANE?

26 SPENCER LANE is 178m² according to the EPC inspection conducted in July 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 26 SPENCER LANE lies on this distribution: 89% of detached houses houses are smaller than 26 SPENCER LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

26 SPENCER LANE: Plot and Title Map

26 SPENCER LANE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 26 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 26 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.

Where is 26 SPENCER LANE?

26 SPENCER LANE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 26 on SPENCER LANE.