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

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

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 16% 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	£309,590	16% above HPI
2010 28 MAY	£234,950	£191,114	23% above HPI
2007 19 NOV	£234,500	£215,577	9% above HPI
2001 11 SEP	£120,000	£90,238	33% above HPI
1999 7 MAY	£116,000	£75,016	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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 7 SHADE AVENUE lies on this distribution: 58% of detached 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.