8, TELFORD MEWS, UPPERMILL, OLDHAM, OL3 6BS - £240,000

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.

8 TELFORD MEWS is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £471,473. It was last sold for £240,000 in October 2015, which was around 162% above the average October 2015 terraced price in the Oldham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

8 TELFORD MEWS Sold Prices

Land registry data shows three sales for 8 TELFORD MEWS 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 8 TELFORD MEWS 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 19 OCT	£240,000	£91,757	162% above HPI
1998 16 JAN	£82,500	£31,093	165% above HPI
1996 9 AUG	£79,950	£30,813	159% above HPI

8 TELFORD MEWS 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 8 TELFORD MEWS sales between August 1996 and October 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 January 1998 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the October 2015 sale, where it falls to 162% above the HPI. The line then continues to track at 162% above the HPI.

What might 8 TELFORD MEWS be worth now?

8 TELFORD MEWS might now be worth an estimated £471,473.

This is based on house price inflation of 96.4%, between October 2015 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 96.4% inflationary increase is applied to the most recent sale price for 8 TELFORD MEWS of £240,000 on 19th October 2015. For the value to have increased from £240,000 to £471,473 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 8 TELFORD MEWS has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The October 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TELFORD MEWS has not materially changed since October 2015.

How Large is 8 TELFORD MEWS?

8 TELFORD MEWS is 72m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of terraced houses houses in Uppermill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Uppermill, and where 8 TELFORD MEWS lies on this distribution: 5% of terraced houses houses are smaller than 8 TELFORD MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Uppermill.

8 TELFORD MEWS: Plot and Title Map

8 TELFORD MEWS sits on a plot of roughly 2.4 acres, or 9,844m². The below map shows the location of 8 TELFORD MEWS, 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 8 TELFORD MEWS). 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 8 TELFORD MEWS?

8 TELFORD MEWS is located in UPPERMILL, in the OL3 postcode district. The below map shows the position of No. 8 on TELFORD MEWS.