3, MARLFIELD ROAD, SHAW, OLDHAM, OL2 7NF - £147,000

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.

3 MARLFIELD ROAD is a small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £265,763. It was last sold for £147,000 in May 2017, which was around 10% above the average May 2017 semi-detached price in the Oldham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

3 MARLFIELD ROAD Sold Prices

Land registry data shows five sales for 3 MARLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the five 3 MARLFIELD 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
2017 26 MAY	£147,000	£133,706	10% above HPI
2017 10 FEB	£150,500	£133,481	13% above HPI
2005 27 MAY	£145,000	£101,179	43% above HPI
2003 4 JUL	£97,000	£69,222	40% above HPI
1997 7 NOV	£55,000	£44,052	25% above HPI

3 MARLFIELD 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 five 3 MARLFIELD ROAD sales between November 1997 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 February 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 MARLFIELD ROAD be worth now?

3 MARLFIELD ROAD might now be worth an estimated £265,763.

This is based on house price inflation of 80.8%, between May 2017 and April 2026, for semi-detached 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 80.8% inflationary increase is applied to the most recent sale price for 3 MARLFIELD ROAD of £147,000 on 26th May 2017. For the value to have increased from £147,000 to £265,763 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 3 MARLFIELD ROAD has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The May 2017 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLFIELD ROAD has not materially changed since May 2017.

How Large is 3 MARLFIELD ROAD?

3 MARLFIELD ROAD is 61m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of semi-detached houses in Shaw, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Shaw, and where 3 MARLFIELD ROAD lies on this distribution: 21% of semi-detached houses are smaller than 3 MARLFIELD ROAD, and 77% of semi-detached houses are larger. Note that EPC data is not available for all properties in Shaw.

Where is 3 MARLFIELD ROAD?

3 MARLFIELD ROAD is located in SHAW, in the OL2 postcode district.