A rogue wave isn't necessarily a wave that just happens to be bigger than most others. When offshore wave forecasts are given, the wave height given is the significant wave height, which is the average height of the highest 1/3 of the waves. There is also a wave, usually termed the "one out of a thousand wave" because in principle, this wave will occur once out of roughly every 1000 waves. The height of this wave is roughly twice the significant wave height. So, a 50-55 foot wave in a sea that is already averaging around 25-30 may be large, but that phenomenon is well-known and may not technically be the type of "rogue wave" that is now being studied.
Any wave that is higher than this "one out of a thousand wave" can be considered to be a "rogue", and there are currently many theories on why these waves occur. Much of it is suspected to do with a combination of the depth of the water, the velocity of the current relative to the wind and the interference of two or more wave systems (constructive interference building the wave).