81, REDWOOD, CHADDERTON, OLDHAM, OL9 9UG - £200,000

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

81 REDWOOD is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £200,000 in April 2016, which was around 1% above the average April 2016 detached price in the Oldham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

81 REDWOOD Sold Prices

Land registry data shows three sales for 81 REDWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Two of the three 81 REDWOOD sales were for above the average price, whilst one 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
2016 15 APR	£200,000	£197,866	1% above HPI
2001 27 JUL	£92,500	£88,507	5% above HPI
1996 14 OCT	£65,000	£73,434	11% below HPI

81 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 three 81 REDWOOD sales between October 1996 and April 2016 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 July 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 81 REDWOOD?

81 REDWOOD is 90m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 81 REDWOOD lies on this distribution: 28% of detached houses are smaller than 81 REDWOOD, and 71% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

81 REDWOOD: Plot and Title Map

81 REDWOOD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 81 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 81 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 81 REDWOOD?

81 REDWOOD is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 81 on REDWOOD.