BEECH HOUSE, SPRINGBANK STREET, OLDHAM, OL8 4LH - £165,000

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

BEECH HOUSE is a small detached house of 82m², built sometime between 1900 and 1929. It was last sold for £165,000 in May 2016, which was around 18% below the average May 2016 detached price in the Oldham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

BEECH HOUSE Sold Prices

Land registry data shows five sales for BEECH HOUSE 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. Most of the five BEECH HOUSE sales were 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 6 MAY	£165,000	£200,441	18% below HPI
2015 5 NOV	£158,000	£198,136	20% below HPI
2006 3 AUG	£125,000	£190,556	34% below HPI
1998 26 NOV	£90,000	£77,865	16% above HPI
1996 4 OCT	£33,000	£73,434	55% below HPI

BEECH HOUSE 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 BEECH HOUSE sales between October 1996 and May 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 November 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BEECH HOUSE?

BEECH HOUSE is 82m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where BEECH HOUSE lies on this distribution: 20% of detached houses are smaller than BEECH HOUSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Oldham.

BEECH HOUSE: Plot and Title Map

BEECH HOUSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of BEECH HOUSE, 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 BEECH HOUSE). 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 BEECH HOUSE?

BEECH HOUSE is located on SPRINGBANK STREET in OLDHAM, in the OL8 postcode district. The below map shows the position of BEECH HOUSE on SPRINGBANK STREET.