1, REDWOOD, CHADDERTON, OLDHAM, OL9 9TG - £161,224

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 REDWOOD is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £161,224 in September 2019, which was around 34% below the average September 2019 detached price in the Oldham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

1 REDWOOD Sold Prices

Land registry data shows four sales for 1 REDWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Most of the four 1 REDWOOD 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
2019 13 SEP	£161,224	£243,884	34% below HPI
2016 14 JAN	£260,000	£202,777	28% above HPI
2004 7 MAY	£199,950	£133,147	50% above HPI
2003 17 JAN	£175,000	£108,156	62% above HPI

1 REDWOOD 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 four 1 REDWOOD sales between January 2003 and September 2019 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 January 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 REDWOOD?

1 REDWOOD is 124m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 1 REDWOOD lies on this distribution: 74% of detached houses are smaller than 1 REDWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

1 REDWOOD: Plot and Title Map

1 REDWOOD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 1 REDWOOD, 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 REDWOOD). 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 REDWOOD?

1 REDWOOD is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 1 on REDWOOD.