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
14 PENWELL FOLD is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £211,000 in July 2018, which was around 7% below the average July 2018 detached price in the Oldham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 14 PENWELL FOLD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. One of the three 14 PENWELL FOLD sales was for below the average price, whilst two 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 |
---|---|---|---|
2018 6 JUL | £211,000 | £226,301 | 7% below HPI |
2005 6 OCT | £182,000 | £177,815 | 2% above HPI |
2003 24 OCT | £138,995 | £122,333 | 14% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 14 PENWELL FOLD sales between October 2003 and July 2018 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 October 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
14 PENWELL FOLD is 61m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 14 PENWELL FOLD lies on this distribution: 3% of detached houses are smaller than 14 PENWELL FOLD, and 96% of houses are larger. Note that EPC data is not available for all properties in Oldham.
14 PENWELL FOLD sits on a plot of roughly 7.8 acres, or 31,497m². The below map shows the location of 14 PENWELL FOLD, 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 14 PENWELL FOLD). 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.
14 PENWELL FOLD is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 14 on PENWELL FOLD.