34, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5TA - £103,000

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.

34 OLDHAM ROAD is a very small terraced house of 58m², built sometime before 1900, which could now be worth an estimated £170,282. It was last sold for £103,000 in September 2018, which was around 5% below the average September 2018 terraced price in the Oldham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

34 OLDHAM ROAD Sold Prices

Land registry data shows four sales for 34 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Most of the four 34 OLDHAM ROAD sales were for below 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
2018 14 SEP	£103,000	£108,485	5% below HPI
2002 3 MAY	£52,500	£39,068	34% above HPI
1998 17 NOV	£26,500	£32,442	18% below HPI
1998 25 JUN	£22,500	£32,407	31% below HPI

34 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 four 34 OLDHAM ROAD sales between June 1998 and September 2018 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 May 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 34 OLDHAM ROAD be worth now?

34 OLDHAM ROAD might now be worth an estimated £170,282.

This is based on house price inflation of 65.3%, between September 2018 and April 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 65.3% inflationary increase is applied to the most recent sale price for 34 OLDHAM ROAD of £103,000 on 14th September 2018. For the value to have increased from £103,000 to £170,282 over the eight years and five months to April 2026, the following assumptions must hold true:

• The value of 34 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The September 2018 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 34 OLDHAM ROAD has not materially changed since September 2018.

How Large is 34 OLDHAM ROAD?

34 OLDHAM ROAD is 58m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 34 OLDHAM ROAD lies on this distribution: 11% of terraced houses are smaller than 34 OLDHAM ROAD, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 34 OLDHAM ROAD?

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