308, DEN LANE, SPRINGHEAD, OLDHAM, OL4 4RE - £300,000

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.

308 DEN LANE is a very small semi-detached house of 84m², built in 2021, which could now be worth an estimated £363,109. It was last sold for £300,000 in June 2022, which was around 50% above the average June 2022 semi-detached price in the Oldham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

308 DEN LANE Sold Prices

Land registry data shows three sales for 308 DEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. One of the three 308 DEN LANE sales was for above the average price, whilst two were for below 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
2022 10 JUN	£300,000	£199,716	50% above HPI
2021 10 DEC	£180,000	£188,247	4% below HPI
2003 14 NOV	£57,000	£73,666	23% below HPI

308 DEN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The three 308 DEN LANE sales between November 2003 and June 2022 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 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 308 DEN LANE be worth now?

308 DEN LANE might now be worth an estimated £363,109.

This is based on house price inflation of 21%, between June 2022 and April 2026, for semi-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 21% inflationary increase is applied to the most recent sale price for 308 DEN LANE of £300,000 on 10th June 2022. For the value to have increased from £300,000 to £363,109 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 308 DEN LANE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The June 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 308 DEN LANE has not materially changed since June 2022.

How Large is 308 DEN LANE?

308 DEN LANE is 84m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of semi-detached houses houses in Lees, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lees, and where 308 DEN LANE lies on this distribution: 14% of semi-detached houses houses are smaller than 308 DEN LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lees.

308 DEN LANE: Plot and Title Map

308 DEN LANE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 308 DEN 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 308 DEN 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 308 DEN LANE?

308 DEN LANE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 308 on DEN LANE.