27, SHOLVER LANE, OLDHAM, OL1 4NT - £93,500

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.

27 SHOLVER LANE is a small terraced house of 71m², built sometime before 1900, which could now be worth an estimated £150,205. It was last sold for £93,500 in March 2020, which was around 17% below the average March 2020 terraced price in the Oldham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

27 SHOLVER LANE Sold Prices

Land registry data shows six sales for 27 SHOLVER LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Most of the six 27 SHOLVER LANE 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 27 MAR	£93,500	£112,205	17% below HPI
2016 19 AUG	£83,500	£98,409	15% below HPI
2005 17 MAY	£88,000	£74,896	17% above HPI
2003 18 JUL	£59,950	£48,171	24% above HPI
2002 28 JUN	£48,000	£39,661	21% above HPI
1999 26 NOV	£37,950	£34,133	11% above HPI

27 SHOLVER LANE 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 six 27 SHOLVER LANE sales between November 1999 and March 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 August 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 27 SHOLVER LANE be worth now?

27 SHOLVER LANE might now be worth an estimated £150,205.

This is based on house price inflation of 60.6%, between March 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 60.6% inflationary increase is applied to the most recent sale price for 27 SHOLVER LANE of £93,500 on 27th March 2020. For the value to have increased from £93,500 to £150,205 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 27 SHOLVER LANE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2020 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of 27 SHOLVER LANE has not materially changed since March 2020.

How Large is 27 SHOLVER LANE?

27 SHOLVER LANE is 71m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of terraced houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses by size in Oldham, and where 27 SHOLVER LANE lies on this distribution: 32% of terraced houses are smaller than 27 SHOLVER LANE, and 65% of terraced houses are larger. Note that EPC data is not available for all properties in Oldham.

Where is 27 SHOLVER LANE?

27 SHOLVER LANE is located in OLDHAM, in the OL1 postcode district.