1, SPURN LANE, DIGGLE, OLDHAM, OL3 5PG - £288,000

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.

1 SPURN LANE is a very small extended terraced house of 90m², built sometime before 1900, which could now be worth an estimated £434,598. It was last sold for £288,000 in October 2020, which was around 141% above the average October 2020 terraced price in the Oldham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

1 SPURN LANE Sold Prices

Land registry data shows two sales for 1 SPURN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Both of the two 1 SPURN 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
2020 9 OCT	£288,000	£119,451	141% above HPI
2014 4 DEC	£231,000	£89,814	157% above HPI

1 SPURN LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oldham local authority area over time, sourced from the HPI. The two 1 SPURN LANE sales from December 2014 and October 2020 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 December 2014 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the October 2020 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might 1 SPURN LANE be worth now?

1 SPURN LANE might now be worth an estimated £434,598.

This is based on house price inflation of 50.9%, between October 2020 and May 2026, for terraced 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 50.9% inflationary increase is applied to the most recent sale price for 1 SPURN LANE of £288,000 on 9th October 2020. For the value to have increased from £288,000 to £434,598 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 1 SPURN LANE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The October 2020 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPURN LANE has not materially changed since October 2020.

How Large is 1 SPURN LANE?

1 SPURN LANE is 90m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of terraced houses houses in Diggle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Diggle, and where 1 SPURN LANE lies on this distribution: 16% of terraced houses houses are smaller than 1 SPURN LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Diggle.

1 SPURN LANE: Plot and Title Map

1 SPURN LANE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 1 SPURN 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 1 SPURN 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 1 SPURN LANE?

1 SPURN LANE is located in DIGGLE, in the OL3 postcode district. The below map shows the position of No. 1 on SPURN LANE.