40, FLAXMAN RISE, OLDHAM, OL1 4QB - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 FLAXMAN RISE is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £180,000 in August 2018, which was around 22% below the average August 2018 detached price in the Oldham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

40 FLAXMAN RISE Sold Prices

Land registry data shows three sales for 40 FLAXMAN RISE 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. Two of the three 40 FLAXMAN RISE sales were for below the average price, whilst one was 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
2018 31 AUG	£180,000	£230,565	22% below HPI
2004 24 MAY	£150,000	£133,147	13% above HPI
1996 27 SEP	£65,500	£72,195	9% below HPI

40 FLAXMAN RISE 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 40 FLAXMAN RISE sales between September 1996 and August 2018 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 May 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 FLAXMAN RISE?

40 FLAXMAN RISE is 95m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 40 FLAXMAN RISE lies on this distribution: 37% of detached houses are smaller than 40 FLAXMAN RISE, and 63% of houses are larger. Note that EPC data is not available for all properties in Oldham.

40 FLAXMAN RISE: Plot and Title Map

40 FLAXMAN RISE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 40 FLAXMAN RISE, 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 40 FLAXMAN RISE). 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 40 FLAXMAN RISE?

40 FLAXMAN RISE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 40 on FLAXMAN RISE.