HILLSIDE, OLD CROFT, SPRINGHEAD, OLDHAM, OL4 4RX - £283,000

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

HILLSIDE is a small detached house of 98m², built sometime between 2003 and 2006. It was last sold for £283,000 in February 2021, which was around 3% above the average February 2021 detached price in the Oldham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

HILLSIDE Sold Prices

Land registry data shows two sales for HILLSIDE 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 HILLSIDE 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
2021 26 FEB	£283,000	£275,971	3% above HPI
2013 12 JUN	£189,950	£181,274	5% above HPI

HILLSIDE 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 HILLSIDE sales from June 2013 and February 2021 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 June 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is HILLSIDE?

HILLSIDE is 98m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where HILLSIDE lies on this distribution: 26% of detached houses are smaller than HILLSIDE, and 73% of houses are larger. Note that EPC data is not available for all properties in Lees.

HILLSIDE: Plot and Title Map

HILLSIDE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of HILLSIDE, 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 HILLSIDE). 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 HILLSIDE?

HILLSIDE is located on OLD CROFT in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of HILLSIDE on OLD CROFT.