29, DAVIDS LANE, SPRINGHEAD, OLDHAM, OL4 4RZ - £265,000

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

29 DAVIDS LANE is a large detached house of 147m², which could now be worth an estimated £513,506. It was last sold for £265,000 in May 2012, which was around 48% above the average May 2012 detached price in the Oldham local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

29 DAVIDS LANE Sold Prices

Land registry data shows three sales for 29 DAVIDS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 29 DAVIDS 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
2012 23 MAY	£265,000	£179,321	48% above HPI
2003 27 OCT	£265,000	£121,750	118% above HPI
1996 19 FEB	£98,000	£69,649	41% above HPI

29 DAVIDS 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 three 29 DAVIDS LANE sales between February 1996 and May 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 October 2003 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the May 2012 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 29 DAVIDS LANE be worth now?

29 DAVIDS LANE might now be worth an estimated £513,506.

This is based on house price inflation of 93.8%, between May 2012 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 93.8% inflationary increase is applied to the most recent sale price for 29 DAVIDS LANE of £265,000 on 23rd May 2012. For the value to have increased from £265,000 to £513,506 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 29 DAVIDS LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The May 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 29 DAVIDS LANE has not materially changed since May 2012.

How Large is 29 DAVIDS LANE?

29 DAVIDS LANE is 147m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% 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 29 DAVIDS LANE lies on this distribution: 75% of detached houses houses are smaller than 29 DAVIDS LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Lees.

29 DAVIDS LANE: Plot and Title Map

29 DAVIDS LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 29 DAVIDS 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 29 DAVIDS 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 29 DAVIDS LANE?

29 DAVIDS LANE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 29 on DAVIDS LANE.