4, PILGRIM WAY, OLDHAM, OL1 4TP - £275,000

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

4 PILGRIM WAY is a large detached house of 119m², built sometime between 2003 and 2006. It was last sold for £275,000 in February 2023, which was around 17% below the average February 2023 detached price in the Oldham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

4 PILGRIM WAY Sold Prices

Land registry data shows five sales for 4 PILGRIM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The five 4 PILGRIM WAY sales were a mix of below the average price, and roughly equal to 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
2023 20 FEB	£275,000	£330,409	17% below HPI
2020 18 SEP	£225,000	£254,063	11% below HPI
2014 15 AUG	£160,000	£194,438	18% below HPI
2009 15 OCT	£175,000	£186,725	6% below HPI
2004 28 JAN	£125,995	£125,594	Close to HPI

4 PILGRIM WAY 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 five 4 PILGRIM WAY sales between January 2004 and February 2023 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 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 PILGRIM WAY?

4 PILGRIM WAY is 119m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 4 PILGRIM WAY lies on this distribution: 71% of detached houses are smaller than 4 PILGRIM WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Oldham.

4 PILGRIM WAY: Plot and Title Map

4 PILGRIM WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 4 PILGRIM WAY, 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 4 PILGRIM WAY). 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 4 PILGRIM WAY?

4 PILGRIM WAY is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 4 on PILGRIM WAY.