4, FOREST STREET, OLDHAM, OL8 3ER - £39,500

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.

4 FOREST STREET is a very small terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £55,948. It was last sold for £39,500 in January 2021, which was around 69% below the average January 2021 terraced price in the Oldham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

4 FOREST STREET Sold Prices

Land registry data shows five sales for 4 FOREST STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. All of the five 4 FOREST STREET 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 20 JAN	£39,500	£127,261	69% below HPI
2019 13 SEP	£50,000	£112,335	55% below HPI
2006 31 MAY	£50,000	£86,918	42% below HPI
2004 10 FEB	£28,666	£54,997	48% below HPI
2003 23 OCT	£22,500	£51,508	56% below HPI

4 FOREST STREET 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 five 4 FOREST STREET sales between October 2003 and January 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 September 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2021 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

What might 4 FOREST STREET be worth now?

4 FOREST STREET might now be worth an estimated £55,948.

This is based on house price inflation of 41.6%, between January 2021 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 41.6% inflationary increase is applied to the most recent sale price for 4 FOREST STREET of £39,500 on 20th January 2021. For the value to have increased from £39,500 to £55,948 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 4 FOREST STREET has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The January 2021 sale price of £39,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FOREST STREET has not materially changed since January 2021.

How Large is 4 FOREST STREET?

4 FOREST STREET is 77m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of terraced houses houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldham, and where 4 FOREST STREET lies on this distribution: 14% of terraced houses houses are smaller than 4 FOREST STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Oldham.

4 FOREST STREET: Plot and Title Map

4 FOREST STREET sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 FOREST STREET, 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 4 FOREST STREET). 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 4 FOREST STREET?

4 FOREST STREET is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 4 on FOREST STREET.