2, SPRING RISE, SHAW, OLDHAM, OL2 7QB - £217,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPRING RISE is a midsized extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £398,489. It was last sold for £217,500 in January 2010, which was around 15% above the average January 2010 detached price in the Oldham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 SPRING RISE Sold Prices

Land registry data shows two sales for 2 SPRING RISE 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. One of the two 2 SPRING RISE sales was for above the average price, whilst the other 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
2010 8 JAN	£217,500	£189,659	15% above HPI
1998 11 SEP	£68,500	£75,904	10% below HPI

2 SPRING RISE 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 2 SPRING RISE sales from September 1998 and January 2010 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 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2010 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 SPRING RISE be worth now?

2 SPRING RISE might now be worth an estimated £398,489.

This is based on house price inflation of 83.2%, between January 2010 and December 2024, 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 83.2% inflationary increase is applied to the most recent sale price for 2 SPRING RISE of £217,500 on 8th January 2010. For the value to have increased from £217,500 to £398,489 over the thirteen years and one month to December 2024, the following assumptions must hold true:

• The value of 2 SPRING RISE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2010 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRING RISE has not materially changed since January 2010.

How Large is 2 SPRING RISE?

2 SPRING RISE is 101m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 2 SPRING RISE lies on this distribution: 44% of detached houses houses are smaller than 2 SPRING RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Shaw.

2 SPRING RISE: Plot and Title Map

2 SPRING RISE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 SPRING RISE, 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 2 SPRING RISE). 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 2 SPRING RISE?

2 SPRING RISE is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 2 on SPRING RISE.