165, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4QJ - £109,000

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.

165 OLDHAM ROAD is a midsized terraced house of 71m², built sometime before 1900, which could now be worth an estimated £185,492. It was last sold for £109,000 in August 2018, which was around 3% above the average August 2018 terraced price in the Oldham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

165 OLDHAM ROAD Sold Prices

Land registry data shows three sales for 165 OLDHAM 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. Two of the three 165 OLDHAM ROAD sales were for above the average price, whilst one was 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
2018 10 AUG	£109,000	£105,922	3% above HPI
2016 29 JUL	£68,000	£97,631	30% below HPI
2003 8 AUG	£56,000	£49,906	12% above HPI

165 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 three 165 OLDHAM ROAD sales between August 2003 and August 2018 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 July 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 165 OLDHAM ROAD be worth now?

165 OLDHAM ROAD might now be worth an estimated £185,492.

This is based on house price inflation of 70.2%, between August 2018 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 70.2% inflationary increase is applied to the most recent sale price for 165 OLDHAM ROAD of £109,000 on 10th August 2018. For the value to have increased from £109,000 to £185,492 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 165 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The August 2018 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 165 OLDHAM ROAD has not materially changed since August 2018.

How Large is 165 OLDHAM ROAD?

165 OLDHAM ROAD is 71m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 165 OLDHAM ROAD lies on this distribution: 47% of terraced houses are smaller than 165 OLDHAM ROAD, and 51% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 165 OLDHAM ROAD?

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