20, WALKERS LANE, SPRINGHEAD, OLDHAM, OL4 4QD - £155,000

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 WALKERS LANE is a very small terraced house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £249,234. It was last sold for £155,000 in October 2019, which was around 38% above the average October 2019 terraced price in the Oldham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was B.

20 WALKERS LANE Sold Prices

Land registry data shows three sales for 20 WALKERS LANE 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 20 WALKERS LANE 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
2019 25 OCT	£155,000	£112,101	38% above HPI
2014 1 SEP	£130,000	£91,793	42% above HPI
2000 29 JUN	£50,000	£33,130	51% above HPI

20 WALKERS LANE 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 20 WALKERS LANE sales between June 2000 and October 2019 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 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 20 WALKERS LANE be worth now?

20 WALKERS LANE might now be worth an estimated £249,234.

This is based on house price inflation of 60.8%, between October 2019 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 60.8% inflationary increase is applied to the most recent sale price for 20 WALKERS LANE of £155,000 on 25th October 2019. For the value to have increased from £155,000 to £249,234 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 20 WALKERS LANE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The October 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 20 WALKERS LANE has not materially changed since October 2019.

How Large is 20 WALKERS LANE?

20 WALKERS LANE is 70m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% 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 20 WALKERS LANE lies on this distribution: 5% of terraced houses houses are smaller than 20 WALKERS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lees.

20 WALKERS LANE: Plot and Title Map

20 WALKERS LANE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 20 WALKERS LANE, 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 WALKERS LANE). 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 WALKERS LANE?

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