SPRINGHILL COTTAGE, SPURN LANE, DIGGLE, OLDHAM, OL3 5QP - £555,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPRINGHILL COTTAGE is a very large extended detached house of 195m², built sometime before 1900, which could now be worth an estimated £813,944. It was last sold for £555,000 in November 2019, which was around 125% above the average November 2019 detached price in the Oldham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

SPRINGHILL COTTAGE Sold Prices

Land registry data shows three sales for SPRINGHILL COTTAGE 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 SPRINGHILL COTTAGE 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
2019 14 NOV	£555,000	£246,580	125% above HPI
2005 11 NOV	£290,000	£174,117	67% above HPI
2000 5 JUL	£167,000	£80,434	108% above HPI

SPRINGHILL COTTAGE 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 SPRINGHILL COTTAGE sales between July 2000 and November 2019 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 November 2005 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2019 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might SPRINGHILL COTTAGE be worth now?

SPRINGHILL COTTAGE might now be worth an estimated £813,944.

This is based on house price inflation of 46.7%, between November 2019 and February 2025, for detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for SPRINGHILL COTTAGE of £555,000 on 14th November 2019. For the value to have increased from £555,000 to £813,944 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of SPRINGHILL COTTAGE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2019 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGHILL COTTAGE has not materially changed since November 2019.

How Large is SPRINGHILL COTTAGE?

SPRINGHILL COTTAGE is 195m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Diggle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Diggle, and where SPRINGHILL COTTAGE lies on this distribution: 90% of detached houses houses are smaller than SPRINGHILL COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Diggle.

SPRINGHILL COTTAGE: Plot and Title Map

SPRINGHILL COTTAGE sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of SPRINGHILL COTTAGE, 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 SPRINGHILL COTTAGE). 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 SPRINGHILL COTTAGE?

SPRINGHILL COTTAGE is located on SPURN LANE in DIGGLE, in the OL3 postcode district. The below map shows the position of SPRINGHILL COTTAGE on SPURN LANE.