7, PENWELL FOLD, OLDHAM, OL1 2UB - £119,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 PENWELL FOLD is a very small extended semi-detached house of 67m², built sometime between 1996 and 2002. It was last sold for £119,950 in January 2009, which was around 4% above the average January 2009 semi-detached price in the Oldham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

7 PENWELL FOLD Sold Prices

Land registry data shows four sales for 7 PENWELL FOLD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. two of the four 7 PENWELL FOLD sales were for above the average price, and four 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
2009 9 JAN	£119,950	£115,438	4% above HPI
2008 30 DEC	£56,000	£123,795	55% below HPI
2008 19 DEC	£97,950	£123,795	21% below HPI
2003 12 SEP	£81,995	£72,788	13% above HPI

7 PENWELL FOLD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The four 7 PENWELL FOLD sales between September 2003 and January 2009 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 2008 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2009 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 7 PENWELL FOLD be worth now?

7 PENWELL FOLD might now be worth an estimated £232,502.

This is based on house price inflation of 93.8%, between January 2009 and December 2024, for semi-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 93.8% inflationary increase is applied to the most recent sale price for 7 PENWELL FOLD of £119,950 on 9th January 2009. For the value to have increased from £119,950 to £232,502 over the fourteen years and one month to December 2024, the following assumptions must hold true:

• The value of 7 PENWELL FOLD has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The January 2009 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 7 PENWELL FOLD has not materially changed since January 2009.

How Large is 7 PENWELL FOLD?

7 PENWELL FOLD is 67m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldham, and where 7 PENWELL FOLD lies on this distribution: 6% of semi-detached houses houses are smaller than 7 PENWELL FOLD, and 94% of houses are larger. Note that EPC data is not available for all properties in Oldham.

7 PENWELL FOLD: Plot and Title Map

7 PENWELL FOLD sits on a plot of roughly 7.7 acres, or 31,264m². The below map shows the location of 7 PENWELL 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 7 PENWELL 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.

Where is 7 PENWELL FOLD?

7 PENWELL FOLD is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 7 on PENWELL FOLD.