4, WALKERS LANE, SPRINGHEAD, OLDHAM, OL4 4QA - £68,000

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.

4 WALKERS LANE is a very small semi-detached house of 56m², built sometime before 1900, which could now be worth an estimated £119,629. It was last sold for £68,000 in September 2017, which was around 51% below the average September 2017 semi-detached price in the Oldham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

4 WALKERS LANE Sold Prices

Land registry data shows three sales for 4 WALKERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the three 4 WALKERS LANE 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
2017 25 SEP	£68,000	£138,068	51% below HPI
2004 16 JAN	£52,000	£76,363	32% below HPI
1996 26 JAN	£28,000	£41,531	33% below HPI

4 WALKERS 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 three 4 WALKERS LANE sales between January 1996 and September 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 January 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2017 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 4 WALKERS LANE be worth now?

4 WALKERS LANE might now be worth an estimated £119,629.

This is based on house price inflation of 75.9%, between September 2017 and May 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 75.9% inflationary increase is applied to the most recent sale price for 4 WALKERS LANE of £68,000 on 25th September 2017. For the value to have increased from £68,000 to £119,629 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 4 WALKERS LANE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The September 2017 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WALKERS LANE has not materially changed since September 2017.

How Large is 4 WALKERS LANE?

4 WALKERS LANE is 56m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of semi-detached houses in Lees, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lees, and where 4 WALKERS LANE lies on this distribution: 4% of semi-detached houses are smaller than 4 WALKERS LANE, and 96% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 4 WALKERS LANE?

4 WALKERS LANE is located in SPRINGHEAD, in the OL4 postcode district.