10, PENWELL FOLD, OLDHAM, OL1 2UB - £125,000

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.

10 PENWELL FOLD is a very small terraced house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £149,653. It was last sold for £125,000 in July 2022, which was around 17% below the average July 2022 terraced price in the Oldham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

10 PENWELL FOLD Sold Prices

Land registry data shows three sales for 10 PENWELL FOLD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. One of the three 10 PENWELL FOLD sales was for below the average price, whilst two 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
2022 19 JUL	£125,000	£150,560	17% below HPI
2019 7 JUN	£110,000	£108,243	2% above HPI
2004 23 JAN	£76,995	£54,084	42% above HPI

10 PENWELL FOLD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oldham local authority area over time, sourced from the HPI. The three 10 PENWELL FOLD sales between January 2004 and July 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 June 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 10 PENWELL FOLD be worth now?

10 PENWELL FOLD might now be worth an estimated £149,653.

This is based on house price inflation of 19.7%, between July 2022 and May 2026, for terraced 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 19.7% inflationary increase is applied to the most recent sale price for 10 PENWELL FOLD of £125,000 on 19th July 2022. For the value to have increased from £125,000 to £149,653 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 10 PENWELL FOLD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The July 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PENWELL FOLD has not materially changed since July 2022.

How Large is 10 PENWELL FOLD?

10 PENWELL FOLD is 53m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldham, and where 10 PENWELL FOLD lies on this distribution: 1% of terraced houses houses are smaller than 10 PENWELL FOLD, and 99% of houses are larger. Note that EPC data is not available for all properties in Oldham.

10 PENWELL FOLD: Plot and Title Map

10 PENWELL FOLD sits on a plot of roughly 7.7 acres, or 31,264m². The below map shows the location of 10 PENWELL FOLD, 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 10 PENWELL FOLD). 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 10 PENWELL FOLD?

10 PENWELL FOLD is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 10 on PENWELL FOLD.