12, MALTA STREET, OLDHAM, OL4 5HS - £175,500

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.

12 MALTA STREET is a very small detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £230,965. It was last sold for £175,500 in January 2021, which was around 36% below the average January 2021 detached price in the Oldham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 MALTA STREET Sold Prices

Land registry data shows two sales for 12 MALTA STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Both of the two 12 MALTA STREET 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 22 JAN	£175,500	£274,783	36% below HPI
2004 12 MAR	£98,500	£124,429	21% below HPI

12 MALTA STREET 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 12 MALTA STREET sales from March 2004 and January 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 March 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 MALTA STREET be worth now?

12 MALTA STREET might now be worth an estimated £230,965.

This is based on house price inflation of 31.6%, between January 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 31.6% inflationary increase is applied to the most recent sale price for 12 MALTA STREET of £175,500 on 22nd January 2021. For the value to have increased from £175,500 to £230,965 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 MALTA STREET has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2021 sale price of £175,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MALTA STREET has not materially changed since January 2021.

How Large is 12 MALTA STREET?

12 MALTA STREET is 59m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 12 MALTA STREET lies on this distribution: 3% of detached houses houses are smaller than 12 MALTA STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Oldham.

12 MALTA STREET: Plot and Title Map

12 MALTA STREET sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 12 MALTA STREET, 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 12 MALTA STREET). 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 12 MALTA STREET?

12 MALTA STREET is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 12 on MALTA STREET.