109, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4PY - £170,000

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.

109 OLDHAM ROAD is a midsized terraced house of 77m², built sometime before 1900, which could now be worth an estimated £199,659. It was last sold for £170,000 in April 2023, which was around 11% above the average April 2023 terraced 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 B.

109 OLDHAM ROAD Sold Prices

Land registry data shows four sales for 109 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. All of the four 109 OLDHAM ROAD 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
2023 28 APR	£170,000	£152,708	11% above HPI
2021 9 DEC	£143,000	£139,223	3% above HPI
2006 3 JUL	£118,000	£91,716	29% above HPI
2004 7 MAY	£73,000	£59,938	22% above HPI

109 OLDHAM ROAD 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 four 109 OLDHAM ROAD sales between May 2004 and April 2023 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 December 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 109 OLDHAM ROAD be worth now?

109 OLDHAM ROAD might now be worth an estimated £199,659.

This is based on house price inflation of 17.4%, between April 2023 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 17.4% inflationary increase is applied to the most recent sale price for 109 OLDHAM ROAD of £170,000 on 28th April 2023. For the value to have increased from £170,000 to £199,659 over the three years to April 2026, the following assumptions must hold true:

• The value of 109 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The April 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 109 OLDHAM ROAD has not materially changed since April 2023.

How Large is 109 OLDHAM ROAD?

109 OLDHAM ROAD is 77m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 109 OLDHAM ROAD lies on this distribution: 59% of terraced houses are smaller than 109 OLDHAM ROAD, and 38% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 109 OLDHAM ROAD?

109 OLDHAM ROAD is located in SPRINGHEAD, in the OL4 postcode district.