2, ALDERWOOD FOLD, LEES, OLDHAM, OL4 5RW - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ALDERWOOD FOLD is a midsized detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £355,515. It was last sold for £205,000 in November 2016, which was around 2% below the average November 2016 detached price in the Oldham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 ALDERWOOD FOLD Sold Prices

Land registry data shows two sales for 2 ALDERWOOD FOLD 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. One of the two 2 ALDERWOOD FOLD sales was for below the average price, whilst the other was 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
2016 21 NOV	£205,000	£208,524	2% below HPI
1995 30 NOV	£100,000	£68,099	47% above HPI

2 ALDERWOOD FOLD 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 2 ALDERWOOD FOLD sales from November 1995 and November 2016 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 November 1995 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 ALDERWOOD FOLD be worth now?

2 ALDERWOOD FOLD might now be worth an estimated £355,515.

This is based on house price inflation of 73.4%, between November 2016 and February 2025, for detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.4% inflationary increase is applied to the most recent sale price for 2 ALDERWOOD FOLD of £205,000 on 21st November 2016. For the value to have increased from £205,000 to £355,515 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ALDERWOOD FOLD has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2016 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALDERWOOD FOLD has not materially changed since November 2016.

How Large is 2 ALDERWOOD FOLD?

2 ALDERWOOD FOLD is 119m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 2 ALDERWOOD FOLD lies on this distribution: 51% of detached houses houses are smaller than 2 ALDERWOOD FOLD, and 48% of houses are larger. Note that EPC data is not available for all properties in Lees.

2 ALDERWOOD FOLD: Plot and Title Map

2 ALDERWOOD FOLD sits on a plot of roughly 1.1 acres, or 4,617m². The below map shows the location of 2 ALDERWOOD 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 2 ALDERWOOD 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.

Where is 2 ALDERWOOD FOLD?

2 ALDERWOOD FOLD is located in LEES, in the OL4 postcode district. The below map shows the position of No. 2 on ALDERWOOD FOLD.