55, SIMKIN WAY, OLDHAM, OL8 2TH - £280,000

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

55 SIMKIN WAY is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £280,000 in February 2024, which was around 15% below the average February 2024 detached price in the Oldham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

55 SIMKIN WAY Sold Prices

Land registry data shows two sales for 55 SIMKIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. One of the two 55 SIMKIN WAY sales was for below the average price, whilst the other 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
2024 9 FEB	£280,000	£328,771	15% below HPI
1998 26 NOV	£78,950	£77,865	1% above HPI

55 SIMKIN 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 two 55 SIMKIN WAY sales from November 1998 and February 2024 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 November 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 55 SIMKIN WAY?

55 SIMKIN WAY is 78m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 55 SIMKIN WAY lies on this distribution: 15% of detached houses are smaller than 55 SIMKIN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Oldham.

55 SIMKIN WAY: Plot and Title Map

55 SIMKIN WAY sits on a plot of roughly 2.5 acres, or 9,995m². The below map shows the location of 55 SIMKIN 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 55 SIMKIN 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 55 SIMKIN WAY?

55 SIMKIN WAY is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 55 on SIMKIN WAY.