8, PARKFIELD ROAD, GRASSCROFT, OLDHAM, OL4 4JG - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 PARKFIELD ROAD is a large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £395,000 in December 2015, which was around 97% above the average December 2015 detached price in the Oldham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was C.

8 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 8 PARKFIELD ROAD 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. Both of the two 8 PARKFIELD ROAD 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
2015 18 DEC	£395,000	£200,055	97% above HPI
1996 16 OCT	£150,000	£73,434	104% above HPI

8 PARKFIELD ROAD 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 8 PARKFIELD ROAD sales from October 1996 and December 2015 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 October 1996 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the December 2015 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 8 PARKFIELD ROAD?

8 PARKFIELD ROAD is 165m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 8 PARKFIELD ROAD lies on this distribution: 67% of detached houses are smaller than 8 PARKFIELD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

8 PARKFIELD ROAD: Plot and Title Map

8 PARKFIELD ROAD sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 8 PARKFIELD ROAD, 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 8 PARKFIELD ROAD). 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 8 PARKFIELD ROAD?

8 PARKFIELD ROAD is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 8 on PARKFIELD ROAD.