61, SIMKIN WAY, OLDHAM, OL8 2TH - £178,000

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.

61 SIMKIN WAY is a small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £320,022. It was last sold for £178,000 in October 2016, which was around 15% below the average October 2016 detached price in the Oldham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

61 SIMKIN WAY Sold Prices

Land registry data shows two sales for 61 SIMKIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. One of the two 61 SIMKIN WAY sales was for below the average price, whilst the other was 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
2016 14 OCT	£178,000	£208,859	15% below HPI
1998 5 JUN	£83,950	£75,705	11% above HPI

61 SIMKIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 61 SIMKIN WAY sales from June 1998 and October 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 61 SIMKIN WAY be worth now?

61 SIMKIN WAY might now be worth an estimated £320,022.

This is based on house price inflation of 79.8%, between October 2016 and April 2026, for 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 79.8% inflationary increase is applied to the most recent sale price for 61 SIMKIN WAY of £178,000 on 14th October 2016. For the value to have increased from £178,000 to £320,022 over the ten years and six months to April 2026, the following assumptions must hold true:

• The value of 61 SIMKIN WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The October 2016 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 61 SIMKIN WAY has not materially changed since October 2016.

How Large is 61 SIMKIN WAY?

61 SIMKIN WAY is 90m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 61 SIMKIN WAY lies on this distribution: 29% of detached houses houses are smaller than 61 SIMKIN WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Oldham.

61 SIMKIN WAY: Plot and Title Map

61 SIMKIN WAY sits on a plot of roughly 2.5 acres, or 9,995m². The below map shows the location of 61 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 61 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 61 SIMKIN WAY?

61 SIMKIN WAY is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 61 on SIMKIN WAY.