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

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.

59 OLDHAM ROAD is a large terraced house of 86m², built sometime before 1900, which could now be worth an estimated £240,240. It was last sold for £57,000 in November 2002, which was around 34% above the average November 2002 terraced price in the Oldham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

59 OLDHAM ROAD Sold Prices

Land registry data shows two sales for 59 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. Both of the two 59 OLDHAM 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
2002 22 NOV	£57,000	£42,553	34% above HPI
1996 29 NOV	£42,000	£30,609	37% above HPI

59 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 59 OLDHAM ROAD sales from November 1996 and November 2002 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 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2002 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 59 OLDHAM ROAD be worth now?

59 OLDHAM ROAD might now be worth an estimated £240,240.

This is based on house price inflation of 321.5%, between November 2002 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 321.5% inflationary increase is applied to the most recent sale price for 59 OLDHAM ROAD of £57,000 on 22nd November 2002. For the value to have increased from £57,000 to £240,240 over the 24 years and seven months to April 2026, the following assumptions must hold true:

• The value of 59 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The November 2002 sale price of £57,000 represented a fair market value for the property.
• The size, condition, and specification of 59 OLDHAM ROAD has not materially changed since November 2002.

How Large is 59 OLDHAM ROAD?

59 OLDHAM ROAD is 86m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of terraced houses in Lees, based on EPC data. The below chart shows the distribution of terraced houses by size in Lees, and where 59 OLDHAM ROAD lies on this distribution: 75% of terraced houses are smaller than 59 OLDHAM ROAD, and 24% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 59 OLDHAM ROAD?

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