1, SIMKIN WAY, OLDHAM, OL8 2TH - £275,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 SIMKIN WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £275,000 in August 2022, which was around 14% below the average August 2022 detached price in the Oldham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

1 SIMKIN WAY Sold Prices

Land registry data shows five sales for 1 SIMKIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Most of the five 1 SIMKIN 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
2022 1 AUG	£275,000	£319,690	14% below HPI
2009 29 MAY	£150,000	£180,984	17% below HPI
2005 28 FEB	£157,000	£159,719	2% below HPI
2000 31 JUL	£86,500	£80,819	7% above HPI
1998 11 DEC	£78,950	£77,387	2% above HPI

1 SIMKIN 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 five 1 SIMKIN WAY sales between December 1998 and August 2022 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 May 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 SIMKIN WAY?

1 SIMKIN WAY is 86m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 1 SIMKIN WAY lies on this distribution: 24% of detached houses are smaller than 1 SIMKIN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Oldham.

1 SIMKIN WAY: Plot and Title Map

1 SIMKIN WAY sits on a plot of roughly 4.2 acres, or 16,901m². The below map shows the location of 1 SIMKIN 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 SIMKIN 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 SIMKIN WAY?

1 SIMKIN WAY is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 1 on SIMKIN WAY.