28, ARMIT ROAD, GREENFIELD, OLDHAM, OL3 7LN - £456,000

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.

28 ARMIT ROAD is a midsized extended detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £666,554. It was last sold for £456,000 in February 2020, which was around 84% above the average February 2020 detached price in the Oldham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

28 ARMIT ROAD Sold Prices

Land registry data shows three sales for 28 ARMIT ROAD 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 28 ARMIT ROAD sales were 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
2020 25 FEB	£456,000	£247,394	84% above HPI
2006 12 JAN	£365,000	£179,482	103% above HPI
1999 19 AUG	£186,500	£77,183	142% above HPI

28 ARMIT 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 three 28 ARMIT ROAD sales between August 1999 and February 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 January 2006 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2020 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 28 ARMIT ROAD be worth now?

28 ARMIT ROAD might now be worth an estimated £666,554.

This is based on house price inflation of 46.2%, between February 2020 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 46.2% inflationary increase is applied to the most recent sale price for 28 ARMIT ROAD of £456,000 on 25th February 2020. For the value to have increased from £456,000 to £666,554 over the five years to February 2025, the following assumptions must hold true:

• The value of 28 ARMIT ROAD has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2020 sale price of £456,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ARMIT ROAD has not materially changed since February 2020.

How Large is 28 ARMIT ROAD?

28 ARMIT ROAD is 134m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grasscroft, and where 28 ARMIT ROAD lies on this distribution: 46% of detached houses houses are smaller than 28 ARMIT ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

28 ARMIT ROAD: Plot and Title Map

28 ARMIT ROAD sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 28 ARMIT 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 28 ARMIT 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 28 ARMIT ROAD?

28 ARMIT ROAD is located in GREENFIELD, in the OL3 postcode district. The below map shows the position of No. 28 on ARMIT ROAD.