7, SHADE AVENUE, SPRINGHEAD, OLDHAM, OL4 5SB - £360,000

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 SHADE AVENUE is a midsized detached house of 125m², built sometime between 1991 and 1995. It was last sold for £360,000 in February 2022, which was around 17% above the average February 2022 detached price in the Oldham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

7 SHADE AVENUE Sold Prices

Land registry data shows five sales for 7 SHADE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the five 7 SHADE AVENUE 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 25 FEB	£360,000	£308,115	17% above HPI
2010 28 MAY	£234,950	£190,203	24% above HPI
2007 19 NOV	£234,500	£214,550	9% above HPI
2001 11 SEP	£120,000	£89,808	34% above HPI
1999 7 MAY	£116,000	£74,659	55% above HPI

7 SHADE AVENUE 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 five 7 SHADE AVENUE sales between May 1999 and February 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 May 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 SHADE AVENUE be worth now?

7 SHADE AVENUE might now be worth an estimated £405,995.

This is based on house price inflation of 12.8%, between February 2022 and December 2024, 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 12.8% inflationary increase is applied to the most recent sale price for 7 SHADE AVENUE of £360,000 on 25th February 2022. For the value to have increased from £360,000 to £405,995 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 7 SHADE AVENUE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHADE AVENUE has not materially changed since February 2022.

How Large is 7 SHADE AVENUE?

7 SHADE AVENUE is 125m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 7 SHADE AVENUE lies on this distribution: 57% of detached houses houses are smaller than 7 SHADE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lees.

7 SHADE AVENUE: Plot and Title Map

7 SHADE AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 7 SHADE AVENUE, 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 SHADE AVENUE). 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 SHADE AVENUE?

7 SHADE AVENUE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 7 on SHADE AVENUE.