37, HIGHER LOMAX LANE, HEYWOOD, OL10 4RS - £287,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

37 HIGHER LOMAX LANE is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £287,000 in October 2023, which was around 11% below the average October 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

37 HIGHER LOMAX LANE Sold Prices

Land registry data shows two sales for 37 HIGHER LOMAX LANE 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 37 HIGHER LOMAX LANE sales were 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
2023 20 OCT	£287,000	£322,820	11% below HPI
2002 23 SEP	£74,950	£112,721	34% below HPI

37 HIGHER LOMAX 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 two 37 HIGHER LOMAX LANE sales from September 2002 and October 2023 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 September 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 37 HIGHER LOMAX LANE?

37 HIGHER LOMAX LANE is 107m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Heywood, based on EPC data. The below chart shows the distribution of detached houses by size in Heywood, and where 37 HIGHER LOMAX LANE lies on this distribution: 47% of detached houses are smaller than 37 HIGHER LOMAX LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Heywood.

37 HIGHER LOMAX LANE: Plot and Title Map

37 HIGHER LOMAX LANE sits on a plot of roughly 2.2 acres, or 8,894m². The below map shows the location of 37 HIGHER LOMAX 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 37 HIGHER LOMAX 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 37 HIGHER LOMAX LANE?

37 HIGHER LOMAX LANE is located in HEYWOOD, in the OL10 postcode district. The below map shows the position of No. 37 on HIGHER LOMAX LANE.