16, SEVERN ROAD, OLDHAM, OL8 3PU - £181,500

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

16 SEVERN ROAD is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £181,500 in July 2015, which was around 8% below the average July 2015 detached price in the Oldham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 SEVERN ROAD Sold Prices

Land registry data shows two sales for 16 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 16 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
2015 10 JUL	£181,500	£196,627	8% below HPI
2004 5 MAR	£110,000	£125,025	12% below HPI

16 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 16 SEVERN ROAD sales from March 2004 and July 2015 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 16 SEVERN ROAD?

16 SEVERN ROAD is 59m² according to the EPC inspection conducted in March 2015. 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 16 SEVERN ROAD lies on this distribution: 3% of detached houses are smaller than 16 SEVERN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Oldham.

16 SEVERN ROAD: Plot and Title Map

16 SEVERN ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 16 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 16 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 16 SEVERN ROAD?

16 SEVERN ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 16 on SEVERN ROAD.