1, OTMOOR WAY, ROYTON, OLDHAM, OL2 6SD - £257,500

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.

1 OTMOOR WAY is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £313,818. It was last sold for £257,500 in February 2022, which was around 16% below the average February 2022 detached price in the Oldham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1 OTMOOR WAY Sold Prices

Land registry data shows two sales for 1 OTMOOR 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 1 OTMOOR WAY sales 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 8 FEB	£257,500	£308,115	16% below HPI
2007 31 MAY	£183,500	£201,923	9% below HPI

1 OTMOOR 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 1 OTMOOR WAY sales from May 2007 and February 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 OTMOOR WAY be worth now?

1 OTMOOR WAY might now be worth an estimated £313,818.

This is based on house price inflation of 21.9%, between February 2022 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 21.9% inflationary increase is applied to the most recent sale price for 1 OTMOOR WAY of £257,500 on 8th February 2022. For the value to have increased from £257,500 to £313,818 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 OTMOOR WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2022 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 1 OTMOOR WAY has not materially changed since February 2022.

How Large is 1 OTMOOR WAY?

1 OTMOOR WAY is 77m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Royton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royton, and where 1 OTMOOR WAY lies on this distribution: 17% of detached houses houses are smaller than 1 OTMOOR WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Royton.

1 OTMOOR WAY: Plot and Title Map

1 OTMOOR WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 1 OTMOOR 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 1 OTMOOR 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 1 OTMOOR WAY?

1 OTMOOR WAY is located in ROYTON, in the OL2 postcode district. The below map shows the position of No. 1 on OTMOOR WAY.