15, LOWERFOLD DRIVE, ROCHDALE, OL12 7JA - £532,000

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.

15 LOWERFOLD DRIVE is a very large extended detached house of 192m², built sometime between 1976 and 1982, which could now be worth an estimated £576,209. It was last sold for £532,000 in August 2023, which was around 66% above the average August 2023 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

15 LOWERFOLD DRIVE Sold Prices

Land registry data shows two sales for 15 LOWERFOLD DRIVE 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 15 LOWERFOLD 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
2023 30 AUG	£532,000	£321,013	66% above HPI
2010 9 SEP	£305,000	£190,108	60% above HPI

15 LOWERFOLD DRIVE 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 15 LOWERFOLD DRIVE sales from September 2010 and August 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 2010 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2023 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 15 LOWERFOLD DRIVE be worth now?

15 LOWERFOLD DRIVE might now be worth an estimated £576,209.

This is based on house price inflation of 8.3%, between August 2023 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 8.3% inflationary increase is applied to the most recent sale price for 15 LOWERFOLD DRIVE of £532,000 on 30th August 2023. For the value to have increased from £532,000 to £576,209 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 15 LOWERFOLD DRIVE has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The August 2023 sale price of £532,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LOWERFOLD DRIVE has not materially changed since August 2023.

How Large is 15 LOWERFOLD DRIVE?

15 LOWERFOLD DRIVE is 192m², which includes three extensions, according to the EPC inspection conducted in June 2022. 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 15 LOWERFOLD DRIVE lies on this distribution: 92% of detached houses houses are smaller than 15 LOWERFOLD DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

15 LOWERFOLD DRIVE: Plot and Title Map

15 LOWERFOLD DRIVE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 15 LOWERFOLD 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 15 LOWERFOLD 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 15 LOWERFOLD DRIVE?

15 LOWERFOLD DRIVE is located in ROCHDALE, in the OL12 postcode district. The below map shows the position of No. 15 on LOWERFOLD DRIVE.