204, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5SJ - £110,000

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.

204 OLDHAM ROAD is a large terraced house of 86m², built sometime before 1900, which could now be worth an estimated £200,446. It was last sold for £110,000 in May 2017, which was around 11% above the average May 2017 terraced price in the Oldham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

204 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 204 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. One of the two 204 OLDHAM ROAD sales was for above the average price, whilst the other 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
2017 19 MAY	£110,000	£98,919	11% above HPI
2012 25 MAY	£75,000	£84,668	11% below HPI

204 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 two 204 OLDHAM ROAD sales from May 2012 and May 2017 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 May 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 204 OLDHAM ROAD be worth now?

204 OLDHAM ROAD might now be worth an estimated £200,446.

This is based on house price inflation of 82.2%, between May 2017 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 82.2% inflationary increase is applied to the most recent sale price for 204 OLDHAM ROAD of £110,000 on 19th May 2017. For the value to have increased from £110,000 to £200,446 over the nine years to May 2026, the following assumptions must hold true:

• The value of 204 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The May 2017 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 204 OLDHAM ROAD has not materially changed since May 2017.

How Large is 204 OLDHAM ROAD?

204 OLDHAM ROAD is 86m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 204 OLDHAM ROAD lies on this distribution: 75% of terraced houses are smaller than 204 OLDHAM ROAD, and 23% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 204 OLDHAM ROAD?

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