206, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5SJ - £125,000

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.

206 OLDHAM ROAD is a small terraced house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £199,341. It was last sold for £125,000 in January 2020, which was around 11% above the average January 2020 terraced price in the Oldham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

206 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 206 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. Both of the two 206 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
2020 31 JAN	£125,000	£113,031	11% above HPI
2004 30 SEP	£95,500	£69,081	38% above HPI

206 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 206 OLDHAM ROAD sales from September 2004 and January 2020 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 September 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 206 OLDHAM ROAD be worth now?

206 OLDHAM ROAD might now be worth an estimated £199,341.

This is based on house price inflation of 59.5%, between January 2020 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 59.5% inflationary increase is applied to the most recent sale price for 206 OLDHAM ROAD of £125,000 on 31st January 2020. For the value to have increased from £125,000 to £199,341 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 206 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The January 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 206 OLDHAM ROAD has not materially changed since January 2020.

How Large is 206 OLDHAM ROAD?

206 OLDHAM ROAD is 66m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 206 OLDHAM ROAD lies on this distribution: 34% of terraced houses are smaller than 206 OLDHAM ROAD, and 62% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 206 OLDHAM ROAD?

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