31, OLDHAM ROAD, GRASSCROFT, OLDHAM, OL4 4JD - £400,000

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.

31 OLDHAM ROAD is a very large extended detached house of 224m², built sometime between 1930 and 1949, which could now be worth an estimated £778,012. It was last sold for £400,000 in July 2014, which was around 107% above the average July 2014 detached price in the Oldham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was E.

31 OLDHAM ROAD Sold Prices

Land registry data shows five sales for 31 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the five 31 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
2014 8 JUL	£400,000	£193,065	107% above HPI
2013 10 JAN	£290,000	£176,479	64% above HPI
2004 12 MAY	£380,000	£132,513	187% above HPI
2002 26 JUL	£240,000	£101,672	136% above HPI
1996 17 JUL	£134,000	£70,523	90% above HPI

31 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 five 31 OLDHAM ROAD sales between July 1996 and July 2014 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 January 2013 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2014 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 31 OLDHAM ROAD be worth now?

31 OLDHAM ROAD might now be worth an estimated £778,012.

This is based on house price inflation of 94.5%, between July 2014 and May 2026, for 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 94.5% inflationary increase is applied to the most recent sale price for 31 OLDHAM ROAD of £400,000 on 8th July 2014. For the value to have increased from £400,000 to £778,012 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 31 OLDHAM ROAD has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OLDHAM ROAD has not materially changed since July 2014.

How Large is 31 OLDHAM ROAD?

31 OLDHAM ROAD is 224m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 20% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 31 OLDHAM ROAD lies on this distribution: 84% of detached houses are smaller than 31 OLDHAM ROAD, and 16% of detached houses are larger. Note that EPC data is not available for all properties in Grasscroft.

Where is 31 OLDHAM ROAD?

31 OLDHAM ROAD is located in GRASSCROFT, in the OL4 postcode district.