85, OLDHAM ROAD, SPRINGHEAD, OLDHAM, OL4 4PH - £180,000

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.

85 OLDHAM ROAD is a very large extended terraced house of 114m², built sometime before 1900, which could now be worth an estimated £207,027. It was last sold for £180,000 in August 2023, which was around 15% above the average August 2023 terraced price in the Oldham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

85 OLDHAM ROAD Sold Prices

Land registry data shows five sales for 85 OLDHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. All of the five 85 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
2023 9 AUG	£180,000	£155,936	15% above HPI
2018 6 NOV	£115,000	£109,896	5% above HPI
2003 20 JUN	£81,000	£46,798	73% above HPI
2001 1 MAR	£56,500	£33,517	69% above HPI
1999 22 DEC	£50,000	£33,992	47% above HPI

85 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 five 85 OLDHAM ROAD sales between December 1999 and August 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 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 85 OLDHAM ROAD be worth now?

85 OLDHAM ROAD might now be worth an estimated £207,027.

This is based on house price inflation of 15%, between August 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 15% inflationary increase is applied to the most recent sale price for 85 OLDHAM ROAD of £180,000 on 9th August 2023. For the value to have increased from £180,000 to £207,027 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 85 OLDHAM ROAD has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The August 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 85 OLDHAM ROAD has not materially changed since August 2023.

How Large is 85 OLDHAM ROAD?

85 OLDHAM ROAD is 114m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 85 OLDHAM ROAD lies on this distribution: 93% of terraced houses are smaller than 85 OLDHAM ROAD, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Lees.

Where is 85 OLDHAM ROAD?

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