7, PINE WAY, LEES, OLDHAM, OL4 3DU - £249,950

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 PINE WAY is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £264,407. It was last sold for £249,950 in November 2022, which was around 18% above the average November 2022 semi-detached price in the Oldham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 PINE WAY Sold Prices

Land registry data shows four sales for 7 PINE WAY 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. Most of the four 7 PINE WAY 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
2022 24 NOV	£249,950	£211,522	18% above HPI
2011 21 DEC	£123,550	£115,709	7% above HPI
2008 30 JUN	£122,000	£129,745	6% below HPI
1999 30 JUL	£66,000	£43,696	51% above HPI

7 PINE WAY 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 PINE WAY sales between July 1999 and November 2022 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 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 PINE WAY be worth now?

7 PINE WAY might now be worth an estimated £264,407.

This is based on house price inflation of 5.8%, between November 2022 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 5.8% inflationary increase is applied to the most recent sale price for 7 PINE WAY of £249,950 on 24th November 2022. For the value to have increased from £249,950 to £264,407 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 PINE WAY has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The November 2022 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 7 PINE WAY has not materially changed since November 2022.

How Large is 7 PINE WAY?

7 PINE WAY is 64m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Lees, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lees, and where 7 PINE WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 7 PINE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Lees.

7 PINE WAY: Plot and Title Map

7 PINE WAY sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 7 PINE 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 7 PINE 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 7 PINE WAY?

7 PINE WAY is located in LEES, in the OL4 postcode district. The below map shows the position of No. 7 on PINE WAY.