8, GALBRAITH WAY, ROCHDALE, OL11 5WE - £255,000

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

8 GALBRAITH WAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £255,000 in May 2017, which was around 22% above the average May 2017 detached price in the Rochdale local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 GALBRAITH WAY Sold Prices

Land registry data shows three sales for 8 GALBRAITH WAY 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 8 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
2017 19 MAY	£255,000	£208,746	22% above HPI
2014 30 MAY	£250,000	£185,466	35% above HPI
1998 24 JUL	£98,950	£79,425	25% above HPI

8 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 three 8 GALBRAITH WAY sales between July 1998 and May 2017 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 May 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 GALBRAITH WAY?

8 GALBRAITH WAY is 91m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Rochdale, based on EPC data. The below chart shows the distribution of detached houses by size in Rochdale, and where 8 GALBRAITH WAY lies on this distribution: 26% of detached houses are smaller than 8 GALBRAITH WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

8 GALBRAITH WAY: Plot and Title Map

8 GALBRAITH WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 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 8 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 8 GALBRAITH WAY?

8 GALBRAITH WAY is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 8 on GALBRAITH WAY.