243, PARK ROAD, OLDHAM, OL4 1RT - £175,000

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.

243 PARK ROAD is a very large extended terraced house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £319,496. It was last sold for £175,000 in July 2008, which was around 77% above the average July 2008 terraced price in the Oldham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

243 PARK ROAD Sold Prices

Land registry data shows two sales for 243 PARK 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 243 PARK 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
2008 8 JUL	£175,000	£98,732	77% above HPI
2005 30 NOV	£100,000	£83,409	20% above HPI

243 PARK 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 243 PARK ROAD sales from November 2005 and July 2008 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 November 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2008 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 243 PARK ROAD be worth now?

243 PARK ROAD might now be worth an estimated £319,496.

This is based on house price inflation of 82.6%, between July 2008 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 82.6% inflationary increase is applied to the most recent sale price for 243 PARK ROAD of £175,000 on 8th July 2008. For the value to have increased from £175,000 to £319,496 over the eighteen years and two months to May 2026, the following assumptions must hold true:

• The value of 243 PARK ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The July 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 243 PARK ROAD has not materially changed since July 2008.

How Large is 243 PARK ROAD?

243 PARK ROAD is 156m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of terraced houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses by size in Oldham, and where 243 PARK ROAD lies on this distribution: 97% of terraced houses are smaller than 243 PARK ROAD, and 3% of terraced houses are larger. Note that EPC data is not available for all properties in Oldham.

Where is 243 PARK ROAD?

243 PARK ROAD is located in OLDHAM, in the OL4 postcode district.