4, SPRING RISE, SHAW, OLDHAM, OL2 7QB - £220,000

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.

4 SPRING RISE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £392,040. It was last sold for £220,000 in September 2016, which was around 4% above the average September 2016 detached price in the Oldham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

4 SPRING RISE Sold Prices

Land registry data shows two sales for 4 SPRING RISE 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 4 SPRING RISE 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
2016 9 SEP	£220,000	£210,720	4% above HPI
2003 8 OCT	£147,500	£121,750	21% above HPI

4 SPRING RISE 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 4 SPRING RISE sales from October 2003 and September 2016 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 October 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 SPRING RISE be worth now?

4 SPRING RISE might now be worth an estimated £392,040.

This is based on house price inflation of 78.2%, between September 2016 and April 2026, 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 78.2% inflationary increase is applied to the most recent sale price for 4 SPRING RISE of £220,000 on 9th September 2016. For the value to have increased from £220,000 to £392,040 over the ten years and five months to April 2026, the following assumptions must hold true:

• The value of 4 SPRING RISE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The September 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRING RISE has not materially changed since September 2016.

How Large is 4 SPRING RISE?

4 SPRING RISE is 87m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 4 SPRING RISE lies on this distribution: 29% of detached houses houses are smaller than 4 SPRING RISE, and 71% of houses are larger. Note that EPC data is not available for all properties in Shaw.

4 SPRING RISE: Plot and Title Map

4 SPRING RISE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 SPRING RISE, 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 4 SPRING RISE). 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 4 SPRING RISE?

4 SPRING RISE is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 4 on SPRING RISE.