54B, SPRINGMEADOW LANE, UPPERMILL, OLDHAM, OL3 6HH - £297,000

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.

54B SPRINGMEADOW LANE is a midsized detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £608,043. It was last sold for £297,000 in September 2011, which was around 62% above the average September 2011 detached price in the Oldham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

54B SPRINGMEADOW LANE Sold Prices

Land registry data shows one sale for 54B SPRINGMEADOW LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oldham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 23 SEP	£297,000	£183,422	62% above HPI

What might 54B SPRINGMEADOW LANE be worth now?

54B SPRINGMEADOW LANE might now be worth an estimated £608,043.

This is based on house price inflation of 104.7%, between September 2011 and May 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 104.7% inflationary increase is applied to the most recent sale price for 54B SPRINGMEADOW LANE of £297,000 on 23rd September 2011. For the value to have increased from £297,000 to £608,043 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 54B SPRINGMEADOW LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The September 2011 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 54B SPRINGMEADOW LANE has not materially changed since September 2011.

How Large is 54B SPRINGMEADOW LANE?

54B SPRINGMEADOW LANE is 127m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Uppermill, based on EPC data. The below chart shows the distribution of detached houses by size in Uppermill, and where 54B SPRINGMEADOW LANE lies on this distribution: 44% of detached houses are smaller than 54B SPRINGMEADOW LANE, and 56% of detached houses are larger. Note that EPC data is not available for all properties in Uppermill.

54B SPRINGMEADOW LANE: Plot

54B SPRINGMEADOW LANE sits on a plot of roughly 0.096 of an acre, or 387m².

Where is 54B SPRINGMEADOW LANE?

54B SPRINGMEADOW LANE is located in UPPERMILL, in the OL3 postcode district.