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
15 CEDAR ROAD is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £258,000 in July 2017, which was around 18% above the average July 2017 detached price in the Oldham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 15 CEDAR ROAD 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 15 CEDAR ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2017 4 JUL | £258,000 | £218,966 | 18% above HPI |
2005 27 APR | £150,000 | £157,590 | 5% below HPI |
2005 11 MAR | £130,000 | £159,365 | 18% below HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 15 CEDAR ROAD sales between March 2005 and July 2017 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 April 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
15 CEDAR ROAD is 101m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 15 CEDAR ROAD lies on this distribution: 59% of detached houses are smaller than 15 CEDAR ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Failsworth.
15 CEDAR ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 15 CEDAR 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 15 CEDAR 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.
15 CEDAR ROAD is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 15 on CEDAR ROAD.