245, THE ORCHARDS, ROCHDALE ROAD, SHAW, OLDHAM, OL2 7HX - £318,000

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.

245 THE ORCHARDS is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £357,197. It was last sold for £318,000 in September 2022, which was around 1% below the average September 2022 detached price in the Oldham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

245 THE ORCHARDS Sold Prices

Land registry data shows three sales for 245 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 245 THE ORCHARDS 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
2022 9 SEP	£318,000	£321,852	1% below HPI
2020 17 JUN	£240,000	£251,453	5% below HPI
1995 31 AUG	£62,000	£70,345	12% below HPI

245 THE ORCHARDS 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 three 245 THE ORCHARDS sales between August 1995 and September 2022 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 June 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 245 THE ORCHARDS be worth now?

245 THE ORCHARDS might now be worth an estimated £357,197.

This is based on house price inflation of 12.3%, between September 2022 and March 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 12.3% inflationary increase is applied to the most recent sale price for 245 THE ORCHARDS of £318,000 on 9th September 2022. For the value to have increased from £318,000 to £357,197 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 245 THE ORCHARDS has moved in line with the HPI for detached houses in the Oldham local authority area.
• The September 2022 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 245 THE ORCHARDS has not materially changed since September 2022.

How Large is 245 THE ORCHARDS?

245 THE ORCHARDS is 67m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 245 THE ORCHARDS lies on this distribution: 10% of detached houses houses are smaller than 245 THE ORCHARDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Shaw.

245 THE ORCHARDS: Plot and Title Map

245 THE ORCHARDS sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 245 THE ORCHARDS, 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 245 THE ORCHARDS). 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 245 THE ORCHARDS?

245 THE ORCHARDS is located on ROCHDALE ROAD in SHAW, in the OL2 postcode district. The below map shows the position of 245 THE ORCHARDS on ROCHDALE ROAD.