514, CHAMBER ROAD, OLDHAM, OL8 4NG - £75,000

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.

514 CHAMBER ROAD is a very small terraced house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £144,116. It was last sold for £75,000 in May 2016, which was around 20% below the average May 2016 terraced price in the Oldham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

514 CHAMBER ROAD Sold Prices

Land registry data shows three sales for 514 CHAMBER ROAD 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. All of the three 514 CHAMBER ROAD 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
2016 17 MAY	£75,000	£93,807	20% below HPI
2015 5 JUN	£53,500	£89,693	40% below HPI
2002 11 DEC	£36,950	£43,104	14% below HPI

514 CHAMBER ROAD 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 514 CHAMBER ROAD sales between December 2002 and May 2016 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 June 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 514 CHAMBER ROAD be worth now?

514 CHAMBER ROAD might now be worth an estimated £144,116.

This is based on house price inflation of 92.2%, between May 2016 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 92.2% inflationary increase is applied to the most recent sale price for 514 CHAMBER ROAD of £75,000 on 17th May 2016. For the value to have increased from £75,000 to £144,116 over the ten years to May 2026, the following assumptions must hold true:

• The value of 514 CHAMBER ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The May 2016 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 514 CHAMBER ROAD has not materially changed since May 2016.

How Large is 514 CHAMBER ROAD?

514 CHAMBER ROAD is 72m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 514 CHAMBER ROAD lies on this distribution: 9% of terraced houses houses are smaller than 514 CHAMBER ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Oldham.

514 CHAMBER ROAD: Plot and Title Map

514 CHAMBER ROAD sits on a plot of roughly 3.0 acres, or 12,084m². The below map shows the location of 514 CHAMBER ROAD, 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 514 CHAMBER ROAD). 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 514 CHAMBER ROAD?

514 CHAMBER ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 514 on CHAMBER ROAD.