2, ROMAN ROAD, ROYTON, OLDHAM, OL2 5PQ - £145,000

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

2 ROMAN ROAD is a very small detached house of 75m², built sometime between 1900 and 1929. It was last sold for £145,000 in July 2014, which was around 25% below the average July 2014 detached price in the Oldham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 ROMAN ROAD Sold Prices

Land registry data shows four sales for 2 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Most of the four 2 ROMAN 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
2014 16 JUL	£145,000	£193,990	25% below HPI
2003 28 JUL	£125,000	£116,008	8% above HPI
2001 9 FEB	£76,000	£84,734	10% below HPI
1996 11 OCT	£60,000	£73,434	18% below HPI

2 ROMAN 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 four 2 ROMAN ROAD sales between October 1996 and July 2014 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 July 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 ROMAN ROAD?

2 ROMAN ROAD is 75m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Royton, based on EPC data. The below chart shows the distribution of detached houses by size in Royton, and where 2 ROMAN ROAD lies on this distribution: 15% of detached houses are smaller than 2 ROMAN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Royton.

2 ROMAN ROAD: Plot and Title Map

2 ROMAN ROAD sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 2 ROMAN 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 2 ROMAN 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 2 ROMAN ROAD?

2 ROMAN ROAD is located in ROYTON, in the OL2 postcode district. The below map shows the position of No. 2 on ROMAN ROAD.