4, HILLSPRING ROAD, SPRINGHEAD, OLDHAM, OL4 4SJ - £342,000

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

4 HILLSPRING ROAD is a small extended detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £360,860. It was last sold for £342,000 in March 2024, which was around 4% above the average March 2024 detached price in the Oldham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

4 HILLSPRING ROAD Sold Prices

Land registry data shows three sales for 4 HILLSPRING ROAD 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 4 HILLSPRING ROAD 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
2024 1 MAR	£342,000	£329,320	4% above HPI
2006 26 JUN	£205,000	£183,610	12% above HPI
1998 16 APR	£89,950	£74,052	21% above HPI

4 HILLSPRING ROAD 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 4 HILLSPRING ROAD sales between April 1998 and March 2024 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 June 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2024 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 HILLSPRING ROAD be worth now?

4 HILLSPRING ROAD might now be worth an estimated £360,860.

This is based on house price inflation of 5.5%, between March 2024 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 5.5% inflationary increase is applied to the most recent sale price for 4 HILLSPRING ROAD of £342,000 on 1st March 2024. For the value to have increased from £342,000 to £360,860 over the three months to December 2024, the following assumptions must hold true:

• The value of 4 HILLSPRING ROAD has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2024 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HILLSPRING ROAD has not materially changed since March 2024.

How Large is 4 HILLSPRING ROAD?

4 HILLSPRING ROAD is 101m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 4 HILLSPRING ROAD lies on this distribution: 29% of detached houses houses are smaller than 4 HILLSPRING ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Lees.

4 HILLSPRING ROAD: Plot and Title Map

4 HILLSPRING ROAD sits on a plot of roughly 5.7 acres, or 23,075m². The below map shows the location of 4 HILLSPRING ROAD, 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 4 HILLSPRING ROAD). 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 4 HILLSPRING ROAD?

4 HILLSPRING ROAD is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 4 on HILLSPRING ROAD.