124, PARK ROAD, OLDHAM, OL8 1DB - £45,000

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

124 PARK ROAD is a very large detached house of 159m², built sometime between 1950 and 1966. It was last sold for £45,000 in February 2001, which was around 47% below the average February 2001 detached price in the Oldham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

124 PARK ROAD Sold Prices

Land registry data shows two sales for 124 PARK ROAD 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 124 PARK ROAD 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
2001 9 FEB	£45,000	£84,734	47% below HPI
1999 19 FEB	£45,000	£75,191	40% below HPI

124 PARK 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 two 124 PARK ROAD sales from February 1999 and February 2001 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 February 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2001 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 124 PARK ROAD?

124 PARK ROAD is 159m² according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 124 PARK ROAD lies on this distribution: 91% of detached houses are smaller than 124 PARK ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Oldham.

124 PARK ROAD: Plot and Title Map

124 PARK ROAD sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 124 PARK ROAD, 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 124 PARK ROAD). 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 124 PARK ROAD?

124 PARK ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 124 on PARK ROAD.