71, REDWOOD, CHADDERTON, OLDHAM, OL9 9UG - £410,000

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

71 REDWOOD is a very large extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £410,000 in March 2024, which was around 24% above the average March 2024 detached price in the Oldham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

71 REDWOOD Sold Prices

Land registry data shows two sales for 71 REDWOOD 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. One of the two 71 REDWOOD sales was for above the average price, whilst the other was 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
2024 14 MAR	£410,000	£329,955	24% above HPI
2013 23 JAN	£165,500	£177,323	7% below HPI

71 REDWOOD 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 71 REDWOOD sales from January 2013 and March 2024 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 January 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 71 REDWOOD?

71 REDWOOD is 143m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 71 REDWOOD lies on this distribution: 89% of detached houses are smaller than 71 REDWOOD, and 10% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

71 REDWOOD: Plot and Title Map

71 REDWOOD sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 71 REDWOOD, 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 71 REDWOOD). 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 71 REDWOOD?

71 REDWOOD is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 71 on REDWOOD.