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
5 SPRING VALE WAY is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £107,000 in September 2002, which was around 1% above the average September 2002 detached price in the Oldham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 SPRING VALE WAY since 1st 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 5 SPRING VALE WAY 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 |
---|---|---|---|
2002 27 SEP | £107,000 | £105,729 | 1% above HPI |
1995 6 JUN | £79,950 | £70,319 | 14% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 5 SPRING VALE WAY sales from June 1995 and September 2002 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2002 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
5 SPRING VALE WAY is 72m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Royton, based on EPC data. The below chart shows the distribution of detached houses by size in Royton, and where 5 SPRING VALE WAY lies on this distribution: 11% of detached houses are smaller than 5 SPRING VALE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Royton.
5 SPRING VALE WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 SPRING VALE 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 5 SPRING VALE 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.
5 SPRING VALE WAY is located in ROYTON, in the OL2 postcode district. The below map shows the position of No. 5 on SPRING VALE WAY.