49, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4PH - £86,000

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.

49 OLDHAM ROAD is a very small terraced house of 49m², built sometime between 1900 and 1929, which could now be worth an estimated £158,663. It was last sold for £86,000 in October 2016, which was around 12% below the average October 2016 terraced price in the Oldham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

49 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 49 OLDHAM 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. One of the two 49 OLDHAM ROAD sales was for below the average price, whilst the other was 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
2016 6 OCT	£86,000	£97,213	12% below HPI
2004 12 APR	£75,000	£57,445	31% above HPI

49 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 two 49 OLDHAM ROAD sales from April 2004 and October 2016 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 April 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 49 OLDHAM ROAD be worth now?

49 OLDHAM ROAD might now be worth an estimated £158,663.

This is based on house price inflation of 84.5%, between October 2016 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 84.5% inflationary increase is applied to the most recent sale price for 49 OLDHAM ROAD of £86,000 on 6th October 2016. For the value to have increased from £86,000 to £158,663 over the ten years and six months to April 2026, the following assumptions must hold true:

• The value of 49 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The October 2016 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 49 OLDHAM ROAD has not materially changed since October 2016.

How Large is 49 OLDHAM ROAD?

49 OLDHAM ROAD is 49m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 49 OLDHAM ROAD lies on this distribution: 2% of terraced houses are smaller than 49 OLDHAM ROAD, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 49 OLDHAM ROAD?

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