41, SHOLVER LANE, OLDHAM, OL1 4NT - £131,500

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.

41 SHOLVER LANE is a very large terraced house of 136m², built sometime between 1900 and 1929, which could now be worth an estimated £253,333. It was last sold for £131,500 in August 2015, which was around 41% above the average August 2015 terraced price in the Oldham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

41 SHOLVER LANE Sold Prices

Land registry data shows three sales for 41 SHOLVER 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. Two of the three 41 SHOLVER LANE sales were for above the average price, whilst one was 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
2015 7 AUG	£131,500	£93,097	41% above HPI
2005 4 MAR	£99,999	£73,443	36% above HPI
1998 15 JUL	£30,000	£32,295	7% below HPI

41 SHOLVER 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 41 SHOLVER LANE sales between July 1998 and August 2015 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 March 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 41 SHOLVER LANE be worth now?

41 SHOLVER LANE might now be worth an estimated £253,333.

This is based on house price inflation of 92.6%, between August 2015 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 92.6% inflationary increase is applied to the most recent sale price for 41 SHOLVER LANE of £131,500 on 7th August 2015. For the value to have increased from £131,500 to £253,333 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 41 SHOLVER LANE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The August 2015 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 41 SHOLVER LANE has not materially changed since August 2015.

How Large is 41 SHOLVER LANE?

41 SHOLVER LANE is 136m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 41 SHOLVER LANE lies on this distribution: 85% of terraced houses houses are smaller than 41 SHOLVER LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Oldham.

41 SHOLVER LANE: Plot and Title Map

41 SHOLVER LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 41 SHOLVER 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 41 SHOLVER 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 41 SHOLVER LANE?

41 SHOLVER LANE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 41 on SHOLVER LANE.