57, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4PH - £120,000

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.

57 OLDHAM ROAD is a very large terraced house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £212,788. It was last sold for £120,000 in August 2017, which was around 19% above the average August 2017 terraced price in the Oldham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

57 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 57 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 57 OLDHAM ROAD sales was for above 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
2017 25 AUG	£120,000	£101,143	19% above HPI
2016 30 MAR	£77,500	£92,290	16% below HPI

57 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 57 OLDHAM ROAD sales from March 2016 and August 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 March 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 57 OLDHAM ROAD be worth now?

57 OLDHAM ROAD might now be worth an estimated £212,788.

This is based on house price inflation of 77.3%, between August 2017 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 77.3% inflationary increase is applied to the most recent sale price for 57 OLDHAM ROAD of £120,000 on 25th August 2017. For the value to have increased from £120,000 to £212,788 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 57 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The August 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 57 OLDHAM ROAD has not materially changed since August 2017.

How Large is 57 OLDHAM ROAD?

57 OLDHAM ROAD is 90m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 57 OLDHAM ROAD lies on this distribution: 80% of terraced houses are smaller than 57 OLDHAM ROAD, and 19% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 57 OLDHAM ROAD?

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