253, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4QL - £190,000

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.

253 OLDHAM ROAD is a very large terraced house of 125m², built sometime before 1900, which could now be worth an estimated £223,586. It was last sold for £190,000 in March 2023, which was around 25% above the average March 2023 terraced price in the Oldham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

253 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 253 OLDHAM ROAD 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 253 OLDHAM ROAD 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
2023 22 MAR	£190,000	£152,409	25% above HPI
2001 16 FEB	£47,500	£33,947	40% above HPI

253 OLDHAM ROAD 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 253 OLDHAM ROAD sales from February 2001 and March 2023 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 February 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 253 OLDHAM ROAD be worth now?

253 OLDHAM ROAD might now be worth an estimated £223,586.

This is based on house price inflation of 17.7%, between March 2023 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 17.7% inflationary increase is applied to the most recent sale price for 253 OLDHAM ROAD of £190,000 on 22nd March 2023. For the value to have increased from £190,000 to £223,586 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 253 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2023 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 253 OLDHAM ROAD has not materially changed since March 2023.

How Large is 253 OLDHAM ROAD?

253 OLDHAM ROAD is 125m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 253 OLDHAM ROAD lies on this distribution: 96% of terraced houses are smaller than 253 OLDHAM ROAD, and 4% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 253 OLDHAM ROAD?

253 OLDHAM ROAD is located in SPRINGHEAD, in the OL4 postcode district.