4, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5TD - £108,500

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.

4 OLDHAM ROAD is a midsized terraced house of 70m², built sometime before 1900, which could now be worth an estimated £147,417. It was last sold for £108,500 in March 2021, which was around 18% below the average March 2021 terraced price in the Oldham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 OLDHAM ROAD Sold Prices

Land registry data shows three sales for 4 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. All of the three 4 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
2021 29 MAR	£108,500	£132,003	18% below HPI
2016 25 NOV	£88,000	£96,233	9% below HPI
2012 1 AUG	£82,000	£86,264	5% below HPI

4 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 three 4 OLDHAM ROAD sales between August 2012 and March 2021 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 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 OLDHAM ROAD be worth now?

4 OLDHAM ROAD might now be worth an estimated £147,417.

This is based on house price inflation of 35.9%, between March 2021 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 35.9% inflationary increase is applied to the most recent sale price for 4 OLDHAM ROAD of £108,500 on 29th March 2021. For the value to have increased from £108,500 to £147,417 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2021 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OLDHAM ROAD has not materially changed since March 2021.

How Large is 4 OLDHAM ROAD?

4 OLDHAM ROAD is 70m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 4 OLDHAM ROAD lies on this distribution: 46% of terraced houses are smaller than 4 OLDHAM ROAD, and 53% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 4 OLDHAM ROAD?

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