8, SPRING BANK LANE, ROCHDALE, OL11 5SF - £355,000

8 SPRING BANK LANE is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £355,000 in November 2018, which was around 52% above the average November 2018 detached price in the Rochdale local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

8 SPRING BANK LANE Sold Prices

Land registry data shows three sales for 8 SPRING BANK 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 8 SPRING BANK 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
2018 9 NOV	£355,000	£232,878	52% above HPI
2012 26 SEP	£305,000	£182,312	67% above HPI
1997 27 JAN	£132,500	£72,493	83% above HPI

8 SPRING BANK 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 8 SPRING BANK LANE sales between January 1997 and November 2018 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 2012 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2018 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 8 SPRING BANK LANE?

8 SPRING BANK LANE is 131m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% 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 SPRING BANK LANE lies on this distribution: 69% of detached houses are smaller than 8 SPRING BANK LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rochdale.

8 SPRING BANK LANE: Plot and Title Map

8 SPRING BANK LANE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 8 SPRING BANK 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 8 SPRING BANK 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 8 SPRING BANK LANE?

8 SPRING BANK LANE is located in ROCHDALE, in the OL11 postcode district. The below map shows the position of No. 8 on SPRING BANK LANE.