1, PRIESTLEY WAY, SHAW, OLDHAM, OL2 8HU - £249,950

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.

1 PRIESTLEY WAY is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £319,443. It was last sold for £249,950 in July 2021, which was around 12% below the average July 2021 detached price in the Oldham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1 PRIESTLEY WAY Sold Prices

Land registry data shows six sales for 1 PRIESTLEY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the six 1 PRIESTLEY WAY sales were 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
2021 23 JUL	£249,950	£282,956	12% below HPI
2019 3 JUN	£205,000	£234,622	13% below HPI
2014 18 JUL	£170,000	£193,065	12% below HPI
2007 27 JUL	£189,950	£203,460	7% below HPI
2004 1 SEP	£147,000	£150,402	2% below HPI
1999 30 SEP	£60,000	£79,219	24% below HPI

1 PRIESTLEY WAY 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 six 1 PRIESTLEY WAY sales between September 1999 and July 2021 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 June 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 PRIESTLEY WAY be worth now?

1 PRIESTLEY WAY might now be worth an estimated £319,443.

This is based on house price inflation of 27.8%, between July 2021 and February 2025, for detached 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 27.8% inflationary increase is applied to the most recent sale price for 1 PRIESTLEY WAY of £249,950 on 23rd July 2021. For the value to have increased from £249,950 to £319,443 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 1 PRIESTLEY WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 PRIESTLEY WAY has not materially changed since July 2021.

How Large is 1 PRIESTLEY WAY?

1 PRIESTLEY WAY is 73m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 1 PRIESTLEY WAY lies on this distribution: 15% of detached houses houses are smaller than 1 PRIESTLEY WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Shaw.

1 PRIESTLEY WAY: Plot and Title Map

1 PRIESTLEY WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 1 PRIESTLEY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PRIESTLEY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PRIESTLEY WAY?

1 PRIESTLEY WAY is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 1 on PRIESTLEY WAY.