16, ASH GROVE, SPRINGHEAD, OLDHAM, OL4 4RP - £280,000

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.

16 ASH GROVE is a midsized detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £482,468. It was last sold for £280,000 in July 2017, which was around 28% above the average July 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

16 ASH GROVE Sold Prices

Land registry data shows four sales for 16 ASH GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the four 16 ASH GROVE 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 21 JUL	£280,000	£217,923	28% above HPI
2009 5 MAR	£249,995	£176,860	41% above HPI
2002 19 SEP	£156,000	£105,226	48% above HPI
1996 26 JUL	£82,000	£70,523	16% above HPI

16 ASH GROVE 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 four 16 ASH GROVE sales between July 1996 and July 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 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 ASH GROVE be worth now?

16 ASH GROVE might now be worth an estimated £482,468.

This is based on house price inflation of 72.3%, between July 2017 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 72.3% inflationary increase is applied to the most recent sale price for 16 ASH GROVE of £280,000 on 21st July 2017. For the value to have increased from £280,000 to £482,468 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 16 ASH GROVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ASH GROVE has not materially changed since July 2017.

How Large is 16 ASH GROVE?

16 ASH GROVE is 127m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 16 ASH GROVE lies on this distribution: 59% of detached houses houses are smaller than 16 ASH GROVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lees.

16 ASH GROVE: Plot and Title Map

16 ASH GROVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 16 ASH GROVE, 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 16 ASH GROVE). 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 16 ASH GROVE?

16 ASH GROVE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 16 on ASH GROVE.