48A, SPRINGMEADOW LANE, UPPERMILL, OLDHAM, OL3 6HH - £400,000

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

48A SPRINGMEADOW LANE is a large extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2015, which was around 102% above the average October 2015 detached price in the Oldham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

48A SPRINGMEADOW LANE Sold Prices

Land registry data shows three sales for 48A SPRINGMEADOW 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 Oldham local authority area for the corresponding sale date. All of the three 48A 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
2015 26 OCT	£400,000	£197,790	102% above HPI
1997 27 AUG	£180,000	£74,102	143% above HPI
1995 31 JUL	£155,000	£69,655	123% above HPI

48A 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 three 48A SPRINGMEADOW LANE sales between July 1995 and October 2015 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 1997 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the October 2015 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is 48A SPRINGMEADOW LANE?

48A SPRINGMEADOW LANE is 179m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Uppermill, based on EPC data. The below chart shows the distribution of detached houses by size in Uppermill, and where 48A SPRINGMEADOW LANE lies on this distribution: 78% of detached houses are smaller than 48A SPRINGMEADOW LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Uppermill.

48A SPRINGMEADOW LANE: Plot and Title Map

48A SPRINGMEADOW LANE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 48A 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 48A 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 48A SPRINGMEADOW LANE?

48A SPRINGMEADOW LANE is located in UPPERMILL, in the OL3 postcode district. The below map shows the position of No. 48A on SPRINGMEADOW LANE.