38, LOWER HEY LANE, MOSSLEY, ASHTON-UNDER-LYNE, OL5 9DE - £195,000

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.

38 LOWER HEY LANE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £338,601. It was last sold for £195,000 in February 2016, which was around 5% below the average February 2016 detached price in the Tameside local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

38 LOWER HEY LANE Sold Prices

Land registry data shows three sales for 38 LOWER HEY 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 Tameside local authority area for the corresponding sale date. All of the three 38 LOWER HEY LANE sales were 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
2016 12 FEB	£195,000	£204,655	5% below HPI
1997 29 MAR	£58,000	£71,950	19% below HPI
1997 27 MAR	£58,000	£71,950	19% below HPI

38 LOWER HEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tameside local authority area over time, sourced from the HPI. The three 38 LOWER HEY LANE sales between March 1997 and February 2016 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 38 LOWER HEY LANE be worth now?

38 LOWER HEY LANE might now be worth an estimated £338,601.

This is based on house price inflation of 73.6%, between February 2016 and February 2025, for detached houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.6% inflationary increase is applied to the most recent sale price for 38 LOWER HEY LANE of £195,000 on 12th February 2016. For the value to have increased from £195,000 to £338,601 over the nine years to February 2025, the following assumptions must hold true:

• The value of 38 LOWER HEY LANE has moved in line with the HPI for detached houses in the Tameside local authority area.
• The February 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LOWER HEY LANE has not materially changed since February 2016.

How Large is 38 LOWER HEY LANE?

38 LOWER HEY LANE is 79m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Mossley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mossley, and where 38 LOWER HEY LANE lies on this distribution: 19% of detached houses houses are smaller than 38 LOWER HEY LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Mossley.

38 LOWER HEY LANE: Plot and Title Map

38 LOWER HEY LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 38 LOWER HEY 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 38 LOWER HEY 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 38 LOWER HEY LANE?

38 LOWER HEY LANE is located in MOSSLEY, in the OL5 postcode district. The below map shows the position of No. 38 on LOWER HEY LANE.