18, SPRING VALLEY WAY, FAILSWORTH, MANCHESTER, M35 0TD - £312,995

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 VALLEY WAY is a large detached house of 105m², which could now be worth an estimated £405,059. It was last sold for £312,995 in March 2021, which was around 12% above the average March 2021 detached price in the Oldham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

18 SPRING VALLEY WAY Sold Prices

Land registry data shows two sales for 18 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 18 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
2021 19 MAR	£312,995	£279,355	12% above HPI
2017 26 MAY	£4,067,000	£214,169	1799% above HPI

18 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 18 SPRING VALLEY WAY sales from May 2017 and March 2021 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 May 2017 sale was for 1799% above the HPI. So the extrapolation line tracks at 1799% above the HPI over time, until the March 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 18 SPRING VALLEY WAY be worth now?

18 SPRING VALLEY WAY might now be worth an estimated £405,059.

This is based on house price inflation of 29.4%, between March 2021 and March 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 29.4% inflationary increase is applied to the most recent sale price for 18 SPRING VALLEY WAY of £312,995 on 19th March 2021. For the value to have increased from £312,995 to £405,059 over the four years to March 2025, the following assumptions must hold true:

• The value of 18 SPRING VALLEY WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2021 sale price of £312,995 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRING VALLEY WAY has not materially changed since March 2021.

How Large is 18 SPRING VALLEY WAY?

18 SPRING VALLEY WAY is 105m² according to the EPC inspection conducted in February 2021. This puts it in the largest 30% of detached houses houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failsworth, and where 18 SPRING VALLEY WAY lies on this distribution: 61% of detached houses houses are smaller than 18 SPRING VALLEY WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

18 SPRING VALLEY WAY: Plot and Title Map

18 SPRING VALLEY WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 18 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 18 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 18 SPRING VALLEY WAY?

18 SPRING VALLEY WAY is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 18 on SPRING VALLEY WAY.