2, ROWAN TREE ROAD, OLDHAM, OL8 3LG - £89,950

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

2 ROWAN TREE ROAD is a large detached house of 125m², built sometime between 1950 and 1966. It was last sold for £89,950 in June 2016, which was around 56% below the average June 2016 detached price in the Oldham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN TREE ROAD Sold Prices

Land registry data shows two sales for 2 ROWAN TREE 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 2 ROWAN TREE 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
2016 27 JUN	£89,950	£203,720	56% below HPI
1995 10 NOV	£34,000	£68,425	50% below HPI

2 ROWAN TREE 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 2 ROWAN TREE ROAD sales from November 1995 and June 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 2 ROWAN TREE ROAD?

2 ROWAN TREE ROAD is 125m² according to the EPC inspection conducted in December 2022. This puts it in the largest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 2 ROWAN TREE ROAD lies on this distribution: 78% of detached houses are smaller than 2 ROWAN TREE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Oldham.

2 ROWAN TREE ROAD: Plot and Title Map

2 ROWAN TREE ROAD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 ROWAN TREE 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 ROWAN TREE 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 ROWAN TREE ROAD?

2 ROWAN TREE ROAD is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 2 on ROWAN TREE ROAD.