25, THE RISE, SPRINGHEAD, OLDHAM, OL4 4NP - £162,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 THE RISE is a small semi-detached house of 103m², built sometime between 1950 and 1966. It was last sold for £162,000 in March 2012, which was around 8% below the average March 2012 detached price in the Oldham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

25 THE RISE Sold Prices

Land registry data shows two sales for 25 THE 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 25 THE RISE sales was for below the average price, whilst the other was 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
2012 8 MAR	£162,000	£176,651	8% below HPI
1999 5 MAR	£76,500	£75,058	2% above HPI

25 THE 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 25 THE RISE sales from March 1999 and March 2012 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 March 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 25 THE RISE?

25 THE RISE is 103m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 25 THE RISE lies on this distribution: 32% of detached houses are smaller than 25 THE RISE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lees.

25 THE RISE: Plot and Title Map

25 THE RISE sits on a plot of roughly 0.553 of an acre, or 2,238m². The below map shows the location of 25 THE 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 25 THE 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 25 THE RISE?

25 THE RISE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 25 on THE RISE.