40, CHAMBER ROAD, SHAW, OLDHAM, OL2 7AR - £172,000

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.

40 CHAMBER ROAD is a very large terraced house of 125m², built sometime before 1900, which could now be worth an estimated £333,026. It was last sold for £172,000 in August 2015, which was around 85% above the average August 2015 terraced price in the Oldham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

40 CHAMBER ROAD Sold Prices

Land registry data shows two sales for 40 CHAMBER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Both of the two 40 CHAMBER 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
2015 5 AUG	£172,000	£93,097	85% above HPI
2005 24 OCT	£117,500	£84,517	39% above HPI

40 CHAMBER 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 two 40 CHAMBER ROAD sales from October 2005 and August 2015 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 October 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2015 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 40 CHAMBER ROAD be worth now?

40 CHAMBER ROAD might now be worth an estimated £333,026.

This is based on house price inflation of 93.6%, between August 2015 and May 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 93.6% inflationary increase is applied to the most recent sale price for 40 CHAMBER ROAD of £172,000 on 5th August 2015. For the value to have increased from £172,000 to £333,026 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 40 CHAMBER ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The August 2015 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHAMBER ROAD has not materially changed since August 2015.

How Large is 40 CHAMBER ROAD?

40 CHAMBER ROAD is 125m² according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of terraced houses in Shaw, based on EPC data. The below chart shows the distribution of terraced houses by size in Shaw, and where 40 CHAMBER ROAD lies on this distribution: 98% of terraced houses are smaller than 40 CHAMBER ROAD, and 2% of terraced houses are larger. Note that EPC data is not available for all properties in Shaw.

Where is 40 CHAMBER ROAD?

40 CHAMBER ROAD is located in SHAW, in the OL2 postcode district.