7, SPINNINGFIELD WAY, HEYWOOD, OL10 2LF - £245,000

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.

7 SPINNINGFIELD WAY is a large detached house of 136m², built sometime between 1991 and 1995, which could now be worth an estimated £398,261. It was last sold for £245,000 in September 2017, which was around 17% above the average September 2017 detached price in the Rochdale local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

7 SPINNINGFIELD WAY Sold Prices

Land registry data shows three sales for 7 SPINNINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. All of the three 7 SPINNINGFIELD 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
2017 19 SEP	£245,000	£209,575	17% above HPI
2000 31 MAR	£114,950	£82,133	40% above HPI
1995 30 JUN	£88,000	£70,259	25% above HPI

7 SPINNINGFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The three 7 SPINNINGFIELD WAY sales between June 1995 and September 2017 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 March 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 SPINNINGFIELD WAY be worth now?

7 SPINNINGFIELD WAY might now be worth an estimated £398,261.

This is based on house price inflation of 62.6%, between September 2017 and June 2025, for detached houses, in the Rochdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.6% inflationary increase is applied to the most recent sale price for 7 SPINNINGFIELD WAY of £245,000 on 19th September 2017. For the value to have increased from £245,000 to £398,261 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 7 SPINNINGFIELD WAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The September 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPINNINGFIELD WAY has not materially changed since September 2017.

How Large is 7 SPINNINGFIELD WAY?

7 SPINNINGFIELD WAY is 136m² according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses houses in Heywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heywood, and where 7 SPINNINGFIELD WAY lies on this distribution: 79% of detached houses houses are smaller than 7 SPINNINGFIELD WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Heywood.

7 SPINNINGFIELD WAY: Plot and Title Map

7 SPINNINGFIELD WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 SPINNINGFIELD 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 7 SPINNINGFIELD 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 7 SPINNINGFIELD WAY?

7 SPINNINGFIELD WAY is located in HEYWOOD, in the OL10 postcode district. The below map shows the position of No. 7 on SPINNINGFIELD WAY.