120, PARK ROAD, OLDHAM, OL8 1DB - £60,000

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.

120 PARK ROAD is a very large extended terraced house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £119,132. It was last sold for £60,000 in February 2015, which was around 34% below the average February 2015 terraced price in the Oldham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

120 PARK ROAD Sold Prices

Land registry data shows three sales for 120 PARK ROAD 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. All of the three 120 PARK ROAD 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
2015 3 FEB	£60,000	£90,328	34% below HPI
1998 21 SEP	£16,000	£32,079	50% below HPI
1995 2 MAY	£18,000	£30,926	42% below HPI

120 PARK ROAD 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 120 PARK ROAD sales between May 1995 and February 2015 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 September 1998 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 120 PARK ROAD be worth now?

120 PARK ROAD might now be worth an estimated £119,132.

This is based on house price inflation of 98.6%, between February 2015 and April 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 98.6% inflationary increase is applied to the most recent sale price for 120 PARK ROAD of £60,000 on 3rd February 2015. For the value to have increased from £60,000 to £119,132 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 120 PARK ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The February 2015 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 120 PARK ROAD has not materially changed since February 2015.

How Large is 120 PARK ROAD?

120 PARK ROAD is 129m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% 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 120 PARK ROAD lies on this distribution: 82% of terraced houses houses are smaller than 120 PARK ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Oldham.

120 PARK ROAD: Plot and Title Map

120 PARK ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 120 PARK ROAD, 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 120 PARK ROAD). 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 120 PARK ROAD?

120 PARK ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 120 on PARK ROAD.