9, PINE WAY, LEES, OLDHAM, OL4 3DU - £480,000

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

9 PINE WAY is a very small semi-detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £716,244. It was last sold for £480,000 in August 2019, which was around 220% above the average August 2019 semi-detached price in the Oldham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

9 PINE WAY Sold Prices

Land registry data shows four sales for 9 PINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the four 9 PINE WAY 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
2019 5 AUG	£480,000	£149,953	220% above HPI
2018 24 AUG	£180,000	£143,802	25% above HPI
2015 6 MAR	£156,000	£119,377	31% above HPI
2007 24 AUG	£157,750	£130,148	21% above HPI

9 PINE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The four 9 PINE WAY sales between August 2007 and August 2019 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 August 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2019 sale, where it rises to 220% above the HPI. The line then continues to track at 220% above the HPI.

What might 9 PINE WAY be worth now?

9 PINE WAY might now be worth an estimated £716,244.

This is based on house price inflation of 49.2%, between August 2019 and December 2024, for semi-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 49.2% inflationary increase is applied to the most recent sale price for 9 PINE WAY of £480,000 on 5th August 2019. For the value to have increased from £480,000 to £716,244 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 9 PINE WAY has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The August 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PINE WAY has not materially changed since August 2019.

How Large is 9 PINE WAY?

9 PINE WAY is 69m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Lees, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lees, and where 9 PINE WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 9 PINE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Lees.

9 PINE WAY: Plot and Title Map

9 PINE WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 9 PINE WAY, 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 9 PINE WAY). 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 9 PINE WAY?

9 PINE WAY is located in LEES, in the OL4 postcode district. The below map shows the position of No. 9 on PINE WAY.