30, SIMKIN WAY, OLDHAM, OL8 2TH - £165,000

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.

30 SIMKIN WAY is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £265,985. It was last sold for £165,000 in August 2019, which was around 10% above the average August 2019 semi-detached price in the Oldham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

30 SIMKIN WAY Sold Prices

Land registry data shows three sales for 30 SIMKIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the three 30 SIMKIN WAY 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 23 AUG	£165,000	£149,953	10% above HPI
2004 30 APR	£121,950	£79,983	52% above HPI
1998 9 APR	£59,950	£43,901	37% above HPI

30 SIMKIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The three 30 SIMKIN WAY sales between April 1998 and August 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 April 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 30 SIMKIN WAY be worth now?

30 SIMKIN WAY might now be worth an estimated £265,985.

This is based on house price inflation of 61.2%, between August 2019 and April 2026, for semi-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 61.2% inflationary increase is applied to the most recent sale price for 30 SIMKIN WAY of £165,000 on 23rd August 2019. For the value to have increased from £165,000 to £265,985 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 30 SIMKIN WAY has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The August 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 30 SIMKIN WAY has not materially changed since August 2019.

How Large is 30 SIMKIN WAY?

30 SIMKIN WAY is 66m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of semi-detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldham, and where 30 SIMKIN WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 30 SIMKIN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Oldham.

30 SIMKIN WAY: Plot and Title Map

30 SIMKIN WAY sits on a plot of roughly 2.5 acres, or 9,995m². The below map shows the location of 30 SIMKIN WAY, 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 30 SIMKIN WAY). 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 30 SIMKIN WAY?

30 SIMKIN WAY is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 30 on SIMKIN WAY.