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
5 ALDERWOOD FOLD is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £292,500 in April 2018, which was around 34% above the average April 2018 detached price in the Oldham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 ALDERWOOD FOLD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the four 5 ALDERWOOD FOLD 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 |
---|---|---|---|
2018 6 APR | £292,500 | £218,422 | 34% above HPI |
2005 9 SEP | £270,000 | £174,664 | 55% above HPI |
2001 15 OCT | £124,000 | £90,280 | 37% above HPI |
1995 26 MAY | £108,950 | £69,315 | 57% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The four 5 ALDERWOOD FOLD sales between May 1995 and April 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 September 2005 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the April 2018 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.
5 ALDERWOOD FOLD is 101m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 5 ALDERWOOD FOLD lies on this distribution: 29% of detached houses are smaller than 5 ALDERWOOD FOLD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lees.
5 ALDERWOOD FOLD sits on a plot of roughly 1.0 acres, or 4,223m². The below map shows the location of 5 ALDERWOOD FOLD, 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 5 ALDERWOOD FOLD). 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.
5 ALDERWOOD FOLD is located in LEES, in the OL4 postcode district. The below map shows the position of No. 5 on ALDERWOOD FOLD.