2, MAYFIELD AVENUE, SPRINGHEAD, OLDHAM, OL4 4SH - £209,000

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.

2 MAYFIELD AVENUE is a midsized extended terraced house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £361,674. It was last sold for £209,000 in October 2007, which was around 101% above the average October 2007 terraced price in the Oldham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 MAYFIELD AVENUE Sold Prices

Land registry data shows two sales for 2 MAYFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Both of the two 2 MAYFIELD AVENUE 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
2007 31 OCT	£209,000	£104,163	101% above HPI
1999 15 JUN	£78,000	£31,784	145% above HPI

2 MAYFIELD AVENUE 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 two 2 MAYFIELD AVENUE sales from June 1999 and October 2007 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 1999 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the October 2007 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 2 MAYFIELD AVENUE be worth now?

2 MAYFIELD AVENUE might now be worth an estimated £361,674.

This is based on house price inflation of 73%, between October 2007 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 73% inflationary increase is applied to the most recent sale price for 2 MAYFIELD AVENUE of £209,000 on 31st October 2007. For the value to have increased from £209,000 to £361,674 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 2 MAYFIELD AVENUE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The October 2007 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYFIELD AVENUE has not materially changed since October 2007.

How Large is 2 MAYFIELD AVENUE?

2 MAYFIELD AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of terraced houses houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lees, and where 2 MAYFIELD AVENUE lies on this distribution: 56% of terraced houses houses are smaller than 2 MAYFIELD AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lees.

2 MAYFIELD AVENUE: Plot and Title Map

2 MAYFIELD AVENUE sits on a plot of roughly 5.2 acres, or 20,881m². The below map shows the location of 2 MAYFIELD AVENUE, 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 2 MAYFIELD AVENUE). 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 2 MAYFIELD AVENUE?

2 MAYFIELD AVENUE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 2 on MAYFIELD AVENUE.