48, SPINNERS WAY, OLDHAM, OL4 2QN - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 SPINNERS WAY is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £300,000 in July 2022, which was around 6% below the average July 2022 detached price in the Oldham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

48 SPINNERS WAY Sold Prices

Land registry data shows three sales for 48 SPINNERS WAY 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. The three 48 SPINNERS WAY sales were a mix of below the average price, roughly equal to the average price, and 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 29 JUL	£300,000	£318,923	6% below HPI
2010 28 SEP	£198,000	£197,428	Close to HPI
2004 16 FEB	£184,000	£126,719	45% above HPI

48 SPINNERS 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 three 48 SPINNERS WAY sales between February 2004 and July 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 September 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 48 SPINNERS WAY?

48 SPINNERS WAY is 75m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 48 SPINNERS WAY lies on this distribution: 11% of detached houses are smaller than 48 SPINNERS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Oldham.

48 SPINNERS WAY: Plot and Title Map

48 SPINNERS WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 48 SPINNERS 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 48 SPINNERS 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 48 SPINNERS WAY?

48 SPINNERS WAY is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 48 on SPINNERS WAY.