38, BELMONT AVENUE, SPRINGHEAD, OLDHAM, OL4 4RS - £235,000

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

38 BELMONT AVENUE is a small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £235,000 in December 2019, which was around 5% below the average December 2019 detached price in the Oldham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

38 BELMONT AVENUE Sold Prices

Land registry data shows two sales for 38 BELMONT AVENUE 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 38 BELMONT AVENUE 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
2019 2 DEC	£235,000	£248,561	5% below HPI
2007 13 NOV	£205,000	£214,550	4% below HPI

38 BELMONT AVENUE 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 38 BELMONT AVENUE sales from November 2007 and December 2019 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 38 BELMONT AVENUE be worth now?

38 BELMONT AVENUE might now be worth an estimated £328,523.

This is based on house price inflation of 39.8%, between December 2019 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 39.8% inflationary increase is applied to the most recent sale price for 38 BELMONT AVENUE of £235,000 on 2nd December 2019. For the value to have increased from £235,000 to £328,523 over the five years to December 2024, the following assumptions must hold true:

• The value of 38 BELMONT AVENUE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The December 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BELMONT AVENUE has not materially changed since December 2019.

How Large is 38 BELMONT AVENUE?

38 BELMONT AVENUE is 106m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% 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 38 BELMONT AVENUE lies on this distribution: 34% of detached houses houses are smaller than 38 BELMONT AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lees.

38 BELMONT AVENUE: Plot and Title Map

38 BELMONT AVENUE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 38 BELMONT AVENUE, 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 38 BELMONT AVENUE). 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 38 BELMONT AVENUE?

38 BELMONT AVENUE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 38 on BELMONT AVENUE.