9, SPRING VALLEY WAY, FAILSWORTH, MANCHESTER, M35 0TD - £390,000

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

9 SPRING VALLEY WAY is a large detached house of 105m². It was last sold for £390,000 in March 2023, which was around 18% above the average March 2023 detached price in the Oldham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

9 SPRING VALLEY WAY Sold Prices

Land registry data shows two sales for 9 SPRING VALLEY WAY 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 9 SPRING VALLEY 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
2023 29 MAR	£390,000	£329,914	18% above HPI
2021 22 JAN	£304,995	£276,099	10% above HPI

9 SPRING VALLEY 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 two 9 SPRING VALLEY WAY sales from January 2021 and March 2023 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 January 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 9 SPRING VALLEY WAY?

9 SPRING VALLEY WAY is 105m² according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 9 SPRING VALLEY WAY lies on this distribution: 61% of detached houses are smaller than 9 SPRING VALLEY WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

9 SPRING VALLEY WAY: Plot and Title Map

9 SPRING VALLEY WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 9 SPRING VALLEY 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 9 SPRING VALLEY 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 9 SPRING VALLEY WAY?

9 SPRING VALLEY WAY is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 9 on SPRING VALLEY WAY.