55, REDWOOD, CHADDERTON, OLDHAM, OL9 9TG - £132,000

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.

55 REDWOOD is a very small extended terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £258,508. It was last sold for £132,000 in May 2015, which was around 48% above the average May 2015 terraced price in the Oldham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

55 REDWOOD Sold Prices

Land registry data shows three sales for 55 REDWOOD 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 55 REDWOOD 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
2015 14 MAY	£132,000	£89,020	48% above HPI
2002 9 AUG	£48,000	£42,216	14% above HPI
1996 18 JUL	£31,000	£30,626	1% above HPI

55 REDWOOD 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 55 REDWOOD sales between July 1996 and May 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 August 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2015 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 55 REDWOOD be worth now?

55 REDWOOD might now be worth an estimated £258,508.

This is based on house price inflation of 95.8%, between May 2015 and July 2025, 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 95.8% inflationary increase is applied to the most recent sale price for 55 REDWOOD of £132,000 on 14th May 2015. For the value to have increased from £132,000 to £258,508 over the nine years and ten months to July 2025, the following assumptions must hold true:

• The value of 55 REDWOOD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The May 2015 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 55 REDWOOD has not materially changed since May 2015.

How Large is 55 REDWOOD?

55 REDWOOD is 78m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of terraced houses houses in Chadderton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chadderton, and where 55 REDWOOD lies on this distribution: 14% of terraced houses houses are smaller than 55 REDWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

55 REDWOOD: Plot and Title Map

55 REDWOOD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 55 REDWOOD, 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 55 REDWOOD). 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 55 REDWOOD?

55 REDWOOD is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 55 on REDWOOD.