397, OLDHAM ROAD, LYDGATE, OLDHAM, OL4 4DG - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

397 OLDHAM ROAD is a small extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2017, which was around 37% above the average July 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

397 OLDHAM ROAD Sold Prices

Land registry data shows three sales for 397 OLDHAM 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 397 OLDHAM 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
2017 12 JUL	£300,000	£218,966	37% above HPI
2010 17 SEP	£260,000	£197,428	32% above HPI
2005 24 JUN	£250,000	£165,480	51% above HPI

397 OLDHAM 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 397 OLDHAM ROAD sales between June 2005 and July 2017 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 September 2010 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2017 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 397 OLDHAM ROAD?

397 OLDHAM ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 397 OLDHAM ROAD lies on this distribution: 24% of detached houses are smaller than 397 OLDHAM ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

397 OLDHAM ROAD: Plot and Title Map

397 OLDHAM ROAD sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 397 OLDHAM 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 397 OLDHAM 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 397 OLDHAM ROAD?

397 OLDHAM ROAD is located in LYDGATE, in the OL4 postcode district. The below map shows the position of No. 397 on OLDHAM ROAD.