40, SPRINGMEADOW LANE, UPPERMILL, OLDHAM, OL3 6HL - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 SPRINGMEADOW LANE is a small detached house of 118m², built sometime between 1967 and 1975. It was last sold for £455,000 in March 2024, which was around 38% above the average March 2024 detached price in the Oldham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

40 SPRINGMEADOW LANE Sold Prices

Land registry data shows two sales for 40 SPRINGMEADOW LANE 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 40 SPRINGMEADOW 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
2024 25 MAR	£455,000	£330,736	38% above HPI
1998 11 JUN	£115,000	£76,067	51% above HPI

40 SPRINGMEADOW 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 two 40 SPRINGMEADOW LANE sales from June 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 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2024 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 40 SPRINGMEADOW LANE?

40 SPRINGMEADOW LANE is 118m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Uppermill, based on EPC data. The below chart shows the distribution of detached houses by size in Uppermill, and where 40 SPRINGMEADOW LANE lies on this distribution: 35% of detached houses are smaller than 40 SPRINGMEADOW LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Uppermill.

40 SPRINGMEADOW LANE: Plot and Title Map

40 SPRINGMEADOW LANE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 40 SPRINGMEADOW 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 40 SPRINGMEADOW 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 40 SPRINGMEADOW LANE?

40 SPRINGMEADOW LANE is located in UPPERMILL, in the OL3 postcode district. The below map shows the position of No. 40 on SPRINGMEADOW LANE.