12, SPINNINGFIELD WAY, HEYWOOD, OL10 2LF - £345,000

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.

12 SPINNINGFIELD WAY is a small extended detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £429,288. It was last sold for £345,000 in June 2021, which was around 26% above the average June 2021 detached price in the Rochdale local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

12 SPINNINGFIELD WAY Sold Prices

Land registry data shows three sales for 12 SPINNINGFIELD 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. Two of the three 12 SPINNINGFIELD WAY sales were for above the average price, whilst one was for below 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
2021 4 JUN	£345,000	£274,639	26% above HPI
2007 29 JUN	£200,000	£205,449	3% below HPI
1995 10 FEB	£89,950	£68,231	32% above HPI

12 SPINNINGFIELD 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 12 SPINNINGFIELD WAY sales between February 1995 and June 2021 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 June 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 12 SPINNINGFIELD WAY be worth now?

12 SPINNINGFIELD WAY might now be worth an estimated £429,288.

This is based on house price inflation of 24.4%, between June 2021 and March 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 24.4% inflationary increase is applied to the most recent sale price for 12 SPINNINGFIELD WAY of £345,000 on 4th June 2021. For the value to have increased from £345,000 to £429,288 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 12 SPINNINGFIELD WAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPINNINGFIELD WAY has not materially changed since June 2021.

How Large is 12 SPINNINGFIELD WAY?

12 SPINNINGFIELD WAY is 96m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses houses in Heywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heywood, and where 12 SPINNINGFIELD WAY lies on this distribution: 38% of detached houses houses are smaller than 12 SPINNINGFIELD WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Heywood.

12 SPINNINGFIELD WAY: Plot and Title Map

12 SPINNINGFIELD WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 12 SPINNINGFIELD 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 12 SPINNINGFIELD 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 12 SPINNINGFIELD WAY?

12 SPINNINGFIELD WAY is located in HEYWOOD, in the OL10 postcode district. The below map shows the position of No. 12 on SPINNINGFIELD WAY.