3, SPENCER STREET, CHADDERTON, OLDHAM, OL9 7JE - £297,000

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.

3 SPENCER STREET is a midsized detached house of 104m², which could now be worth an estimated £348,581. It was last sold for £297,000 in February 2022, which was around 4% below the average February 2022 detached price in the Oldham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

3 SPENCER STREET Sold Prices

Land registry data shows two sales for 3 SPENCER STREET 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 3 SPENCER STREET 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 28 FEB	£297,000	£308,115	4% below HPI
2012 29 NOV	£167,500	£185,810	10% below HPI

3 SPENCER STREET 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 3 SPENCER STREET sales from November 2012 and February 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 November 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 SPENCER STREET be worth now?

3 SPENCER STREET might now be worth an estimated £348,581.

This is based on house price inflation of 17.4%, between February 2022 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 17.4% inflationary increase is applied to the most recent sale price for 3 SPENCER STREET of £297,000 on 28th February 2022. For the value to have increased from £297,000 to £348,581 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 SPENCER STREET has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2022 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPENCER STREET has not materially changed since February 2022.

How Large is 3 SPENCER STREET?

3 SPENCER STREET is 104m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chadderton, and where 3 SPENCER STREET lies on this distribution: 48% of detached houses houses are smaller than 3 SPENCER STREET, and 50% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

3 SPENCER STREET: Plot and Title Map

3 SPENCER STREET sits on a plot of roughly 7.9 acres, or 31,894m². The below map shows the location of 3 SPENCER STREET, 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 3 SPENCER STREET). 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 3 SPENCER STREET?

3 SPENCER STREET is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 3 on SPENCER STREET.