14, SEVERN ROAD, OLDHAM, OL8 3PU - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 SEVERN ROAD is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £295,000 in November 2022, which was around 12% below the average November 2022 detached price in the Oldham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

14 SEVERN ROAD Sold Prices

Land registry data shows two sales for 14 SEVERN 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 14 SEVERN 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
2022 30 NOV	£295,000	£334,537	12% below HPI
2021 8 JUN	£210,000	£284,583	26% below HPI

14 SEVERN 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 14 SEVERN ROAD sales from June 2021 and November 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 June 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 14 SEVERN ROAD?

14 SEVERN ROAD is 58m² according to the EPC inspection conducted in January 2021. 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 SEVERN ROAD lies on this distribution: 2% of detached houses are smaller than 14 SEVERN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oldham.

14 SEVERN ROAD: Plot and Title Map

14 SEVERN ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 14 SEVERN 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 14 SEVERN 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 14 SEVERN ROAD?

14 SEVERN ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 14 on SEVERN ROAD.