36, SPRING VALLEY WAY, FAILSWORTH, MANCHESTER, M35 0TD - £380,000

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.

36 SPRING VALLEY WAY is a large detached house of 105m², which could now be worth an estimated £413,542. It was last sold for £380,000 in December 2022, which was around 14% above the average December 2022 detached price in the Oldham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

36 SPRING VALLEY WAY Sold Prices

Land registry data shows two sales for 36 SPRING VALLEY WAY 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 36 SPRING VALLEY WAY 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 15 DEC	£380,000	£332,295	14% above HPI
2020 21 AUG	£295,995	£250,349	18% above HPI

36 SPRING VALLEY WAY 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 36 SPRING VALLEY WAY sales from August 2020 and December 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 August 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 36 SPRING VALLEY WAY be worth now?

36 SPRING VALLEY WAY might now be worth an estimated £413,542.

This is based on house price inflation of 8.8%, between December 2022 and February 2025, 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 8.8% inflationary increase is applied to the most recent sale price for 36 SPRING VALLEY WAY of £380,000 on 15th December 2022. For the value to have increased from £380,000 to £413,542 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 36 SPRING VALLEY WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The December 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SPRING VALLEY WAY has not materially changed since December 2022.

How Large is 36 SPRING VALLEY WAY?

36 SPRING VALLEY WAY is 105m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failsworth, and where 36 SPRING VALLEY WAY lies on this distribution: 61% of detached houses houses are smaller than 36 SPRING VALLEY WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

36 SPRING VALLEY WAY: Plot and Title Map

36 SPRING VALLEY WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 36 SPRING VALLEY 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 36 SPRING VALLEY 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 36 SPRING VALLEY WAY?

36 SPRING VALLEY WAY is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 36 on SPRING VALLEY WAY.