11, SPA LANE, OLDHAM, OL4 5BL - £230,000

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.

11 SPA LANE is a small detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £469,994. It was last sold for £230,000 in October 2005, which was around 30% above the average October 2005 detached price in the Oldham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

11 SPA LANE Sold Prices

Land registry data shows two sales for 11 SPA 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 Oldham local authority area for the corresponding sale date. Both of the two 11 SPA 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
2005 31 OCT	£230,000	£176,968	30% above HPI
1996 6 DEC	£103,000	£70,944	45% above HPI

11 SPA LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 11 SPA LANE sales from December 1996 and October 2005 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 December 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2005 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 11 SPA LANE be worth now?

11 SPA LANE might now be worth an estimated £469,994.

This is based on house price inflation of 104.3%, between October 2005 and February 2025, for detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 104.3% inflationary increase is applied to the most recent sale price for 11 SPA LANE of £230,000 on 31st October 2005. For the value to have increased from £230,000 to £469,994 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 SPA LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The October 2005 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPA LANE has not materially changed since October 2005.

How Large is 11 SPA LANE?

11 SPA LANE is 108m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 11 SPA LANE lies on this distribution: 37% of detached houses houses are smaller than 11 SPA LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lees.

11 SPA LANE: Plot and Title Map

11 SPA LANE sits on a plot of roughly 2.7 acres, or 11,111m². The below map shows the location of 11 SPA 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 11 SPA 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 11 SPA LANE?

11 SPA LANE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 11 on SPA LANE.