21, PINE WAY, LEES, OLDHAM, OL4 3DU - £224,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 PINE WAY is a very small extended detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £290,901. It was last sold for £224,950 in November 2020, which was around 16% below the average November 2020 detached price in the Oldham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

21 PINE WAY Sold Prices

Land registry data shows two sales for 21 PINE WAY 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 21 PINE WAY 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
2020 12 NOV	£224,950	£268,703	16% below HPI
1999 28 MAY	£71,000	£74,659	5% below HPI

21 PINE WAY 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 21 PINE WAY sales from May 1999 and November 2020 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 May 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 21 PINE WAY be worth now?

21 PINE WAY might now be worth an estimated £290,901.

This is based on house price inflation of 29.3%, between November 2020 and December 2024, 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 29.3% inflationary increase is applied to the most recent sale price for 21 PINE WAY of £224,950 on 12th November 2020. For the value to have increased from £224,950 to £290,901 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 21 PINE WAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2020 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 21 PINE WAY has not materially changed since November 2020.

How Large is 21 PINE WAY?

21 PINE WAY is 66m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 21 PINE WAY lies on this distribution: 4% of detached houses houses are smaller than 21 PINE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Lees.

21 PINE WAY: Plot and Title Map

21 PINE WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 21 PINE WAY, 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 21 PINE WAY). 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 21 PINE WAY?

21 PINE WAY is located in LEES, in the OL4 postcode district. The below map shows the position of No. 21 on PINE WAY.