54, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 5SR - £148,000

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.

54 OLDHAM ROAD is a midsized terraced house of 68m², built sometime before 1900, which could now be worth an estimated £179,090. It was last sold for £148,000 in June 2022, which was about the average June 2022 terraced price in the Oldham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

54 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 54 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 54 OLDHAM ROAD sales was roughly equal to the average price, whilst the other was 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
2022 29 JUN	£148,000	£148,215	Close to HPI
1998 19 FEB	£18,000	£31,092	42% below HPI

54 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 54 OLDHAM ROAD sales from February 1998 and June 2022 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 February 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 54 OLDHAM ROAD be worth now?

54 OLDHAM ROAD might now be worth an estimated £179,090.

This is based on house price inflation of 21%, between June 2022 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 21% inflationary increase is applied to the most recent sale price for 54 OLDHAM ROAD of £148,000 on 29th June 2022. For the value to have increased from £148,000 to £179,090 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 54 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The June 2022 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 54 OLDHAM ROAD has not materially changed since June 2022.

How Large is 54 OLDHAM ROAD?

54 OLDHAM ROAD is 68m² according to the EPC inspection conducted in August 2012. 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 54 OLDHAM ROAD lies on this distribution: 41% of terraced houses are smaller than 54 OLDHAM ROAD, and 57% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 54 OLDHAM ROAD?

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