46, SHOLVER LANE, OLDHAM, OL1 4NT - £105,000

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.

46 SHOLVER LANE is a small terraced house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £124,877. It was last sold for £105,000 in May 2023, which was around 30% below the average May 2023 terraced price in the Oldham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

46 SHOLVER LANE Sold Prices

Land registry data shows three sales for 46 SHOLVER LANE 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. One of the three 46 SHOLVER LANE sales was for below the average price, whilst two 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
2023 18 MAY	£105,000	£150,802	30% below HPI
2003 26 NOV	£59,950	£51,724	16% above HPI
1996 28 JUN	£33,950	£30,667	11% above HPI

46 SHOLVER 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 46 SHOLVER LANE sales between June 1996 and May 2023 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 46 SHOLVER LANE be worth now?

46 SHOLVER LANE might now be worth an estimated £124,877.

This is based on house price inflation of 18.9%, between May 2023 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 18.9% inflationary increase is applied to the most recent sale price for 46 SHOLVER LANE of £105,000 on 18th May 2023. For the value to have increased from £105,000 to £124,877 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 46 SHOLVER LANE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The May 2023 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 46 SHOLVER LANE has not materially changed since May 2023.

How Large is 46 SHOLVER LANE?

46 SHOLVER LANE is 69m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of terraced houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses by size in Oldham, and where 46 SHOLVER LANE lies on this distribution: 26% of terraced houses are smaller than 46 SHOLVER LANE, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Oldham.

Where is 46 SHOLVER LANE?

46 SHOLVER LANE is located in OLDHAM, in the OL1 postcode district.