3, PARKLANDS, SHAW, OLDHAM, OL2 8LW - £505,000

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.

3 PARKLANDS is a very large extended detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £579,916. It was last sold for £505,000 in July 2023, which was around 54% above the average July 2023 detached price in the Oldham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 PARKLANDS Sold Prices

Land registry data shows three sales for 3 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 3 PARKLANDS 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 7 JUL	£505,000	£327,006	54% above HPI
2012 27 JUL	£335,000	£177,882	88% above HPI
2000 8 SEP	£160,000	£83,150	92% above HPI

3 PARKLANDS 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 three 3 PARKLANDS sales between September 2000 and July 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 July 2012 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the July 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 3 PARKLANDS be worth now?

3 PARKLANDS might now be worth an estimated £579,916.

This is based on house price inflation of 14.8%, between July 2023 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 14.8% inflationary increase is applied to the most recent sale price for 3 PARKLANDS of £505,000 on 7th July 2023. For the value to have increased from £505,000 to £579,916 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 3 PARKLANDS has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2023 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKLANDS has not materially changed since July 2023.

How Large is 3 PARKLANDS?

3 PARKLANDS is 173m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 3 PARKLANDS lies on this distribution: 87% of detached houses houses are smaller than 3 PARKLANDS, and 13% of houses are larger. Note that EPC data is not available for all properties in Shaw.

3 PARKLANDS: Plot and Title Map

3 PARKLANDS sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 3 PARKLANDS, 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 3 PARKLANDS). 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 3 PARKLANDS?

3 PARKLANDS is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 3 on PARKLANDS.