5, ROE LANE, OLDHAM, OL4 5HY - £139,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ROE LANE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £230,367. It was last sold for £139,000 in February 2018, which was around 36% below the average February 2018 detached price in the Oldham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

5 ROE LANE Sold Prices

Land registry data shows four sales for 5 ROE LANE since 1^st 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 ROE LANE 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
2018 19 FEB	£139,000	£218,200	36% below HPI
2014 12 DEC	£115,000	£190,892	40% below HPI
2011 30 SEP	£145,000	£183,422	21% below HPI
1999 26 NOV	£65,200	£81,711	20% below HPI

5 ROE LANE 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 four 5 ROE LANE sales between November 1999 and February 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 December 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 ROE LANE be worth now?

5 ROE LANE might now be worth an estimated £230,367.

This is based on house price inflation of 65.7%, between February 2018 and February 2025, 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 65.7% inflationary increase is applied to the most recent sale price for 5 ROE LANE of £139,000 on 19th February 2018. For the value to have increased from £139,000 to £230,367 over the seven years to February 2025, the following assumptions must hold true:

• The value of 5 ROE LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2018 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROE LANE has not materially changed since February 2018.

How Large is 5 ROE LANE?

5 ROE LANE is 81m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 5 ROE LANE lies on this distribution: 20% of detached houses houses are smaller than 5 ROE LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Oldham.

5 ROE LANE: Plot and Title Map

5 ROE LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 ROE LANE, 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 ROE LANE). 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 5 ROE LANE?

5 ROE LANE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 5 on ROE LANE.