18, SPRING MILL DRIVE, MOSSLEY, ASHTON-UNDER-LYNE, OL5 9GG - £210,000

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.

18 SPRING MILL DRIVE is a small terraced house of 87m², built sometime from 2007 onwards, which could now be worth an estimated £386,536. It was last sold for £210,000 in August 2015, which was around 111% above the average August 2015 terraced price in the Tameside local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

18 SPRING MILL DRIVE Sold Prices

Land registry data shows two sales for 18 SPRING MILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tameside local authority area for the corresponding sale date. Both of the two 18 SPRING MILL DRIVE 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 21 AUG	£210,000	£99,723	111% above HPI
2007 20 AUG	£235,950	£110,746	113% above HPI

18 SPRING MILL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tameside local authority area over time, sourced from the HPI. The two 18 SPRING MILL DRIVE sales from August 2007 and August 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 2007 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the August 2015 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 18 SPRING MILL DRIVE be worth now?

18 SPRING MILL DRIVE might now be worth an estimated £386,536.

This is based on house price inflation of 84.1%, between August 2015 and May 2026, for terraced houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.1% inflationary increase is applied to the most recent sale price for 18 SPRING MILL DRIVE of £210,000 on 21st August 2015. For the value to have increased from £210,000 to £386,536 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 18 SPRING MILL DRIVE has moved in line with the HPI for terraced houses in the Tameside local authority area.
• The August 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRING MILL DRIVE has not materially changed since August 2015.

How Large is 18 SPRING MILL DRIVE?

18 SPRING MILL DRIVE is 87m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of terraced houses houses in Mossley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mossley, and where 18 SPRING MILL DRIVE lies on this distribution: 27% of terraced houses houses are smaller than 18 SPRING MILL DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Mossley.

18 SPRING MILL DRIVE: Plot and Title Map

18 SPRING MILL DRIVE sits on a plot of roughly 0.444 of an acre, or 1,795m². The below map shows the location of 18 SPRING MILL DRIVE, 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 18 SPRING MILL DRIVE). 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 18 SPRING MILL DRIVE?

18 SPRING MILL DRIVE is located in MOSSLEY, in the OL5 postcode district. The below map shows the position of No. 18 on SPRING MILL DRIVE.