56, WALTER MILLS WAY, OLDHAM, OL4 3FU - £217,000

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

56 WALTER MILLS WAY is a small detached house of 83m². It was last sold for £217,000 in July 2021, which was around 24% below the average July 2021 detached price in the Oldham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

56 WALTER MILLS WAY Sold Prices

Land registry data shows two sales for 56 WALTER MILLS 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. Both of the two 56 WALTER MILLS WAY 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
2021 23 JUL	£217,000	£284,310	24% below HPI
2016 29 JUL	£173,000	£207,566	17% below HPI

56 WALTER MILLS 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 56 WALTER MILLS WAY sales from July 2016 and July 2021 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 July 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 WALTER MILLS WAY?

56 WALTER MILLS WAY is 83m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 56 WALTER MILLS WAY lies on this distribution: 21% of detached houses are smaller than 56 WALTER MILLS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Oldham.

56 WALTER MILLS WAY: Plot and Title Map

56 WALTER MILLS WAY sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 56 WALTER MILLS 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 56 WALTER MILLS 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 56 WALTER MILLS WAY?

56 WALTER MILLS WAY is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 56 on WALTER MILLS WAY.