20, MAYFIELD AVENUE, SPRINGHEAD, OLDHAM, OL4 4SH - £240,000

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.

20 MAYFIELD AVENUE is a large detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £328,134. It was last sold for £240,000 in February 2021, which was around 13% below the average February 2021 detached price in the Oldham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

20 MAYFIELD AVENUE Sold Prices

Land registry data shows two sales for 20 MAYFIELD AVENUE 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 20 MAYFIELD AVENUE 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
2021 25 FEB	£240,000	£274,656	13% below HPI
2017 10 AUG	£173,000	£217,167	20% below HPI

20 MAYFIELD AVENUE 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 20 MAYFIELD AVENUE sales from August 2017 and February 2021 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 August 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 20 MAYFIELD AVENUE be worth now?

20 MAYFIELD AVENUE might now be worth an estimated £328,134.

This is based on house price inflation of 36.7%, between February 2021 and May 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 36.7% inflationary increase is applied to the most recent sale price for 20 MAYFIELD AVENUE of £240,000 on 25th February 2021. For the value to have increased from £240,000 to £328,134 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 20 MAYFIELD AVENUE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MAYFIELD AVENUE has not materially changed since February 2021.

How Large is 20 MAYFIELD AVENUE?

20 MAYFIELD AVENUE is 134m² according to the EPC inspection conducted in April 2017. This puts it in the largest 40% 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 20 MAYFIELD AVENUE lies on this distribution: 63% of detached houses houses are smaller than 20 MAYFIELD AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lees.

20 MAYFIELD AVENUE: Plot and Title Map

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

20 MAYFIELD AVENUE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 20 on MAYFIELD AVENUE.