2, SPURN LANE, DIGGLE, OLDHAM, OL3 5PG - £515,000

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 SPURN LANE is a large extended detached house of 160m², built sometime before 1900, which could now be worth an estimated £584,973. It was last sold for £515,000 in January 2022, which was around 68% above the average January 2022 detached price in the Oldham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

2 SPURN LANE Sold Prices

Land registry data shows two sales for 2 SPURN 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 2 SPURN 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
2022 14 JAN	£515,000	£305,916	68% above HPI
2006 19 MAY	£295,000	£178,155	66% above HPI

2 SPURN 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 2 SPURN LANE sales from May 2006 and January 2022 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 May 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the January 2022 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 2 SPURN LANE be worth now?

2 SPURN LANE might now be worth an estimated £584,973.

This is based on house price inflation of 13.6%, between January 2022 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 13.6% inflationary increase is applied to the most recent sale price for 2 SPURN LANE of £515,000 on 14th January 2022. For the value to have increased from £515,000 to £584,973 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 2 SPURN LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPURN LANE has not materially changed since January 2022.

How Large is 2 SPURN LANE?

2 SPURN LANE is 160m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses houses in Diggle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Diggle, and where 2 SPURN LANE lies on this distribution: 78% of detached houses houses are smaller than 2 SPURN LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Diggle.

2 SPURN LANE: Plot and Title Map

2 SPURN LANE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 SPURN 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 2 SPURN 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 2 SPURN LANE?

2 SPURN LANE is located in DIGGLE, in the OL3 postcode district. The below map shows the position of No. 2 on SPURN LANE.