WELLFIELD LODGE, HARTSHEAD STREET, LEES, OLDHAM, OL4 5DL - £92,500

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

WELLFIELD LODGE is a very small extended detached house of 67m², built sometime before 1900, which could now be worth an estimated £254,863. It was last sold for £92,500 in February 2004, which was around 27% below the average February 2004 detached price in the Oldham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

WELLFIELD LODGE Sold Prices

Land registry data shows three sales for WELLFIELD LODGE 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. All of the three WELLFIELD LODGE 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
2004 25 FEB	£92,500	£126,115	27% below HPI
2002 8 NOV	£79,950	£105,099	24% below HPI
1995 3 FEB	£56,500	£70,183	19% below HPI

WELLFIELD LODGE 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 WELLFIELD LODGE sales between February 1995 and February 2004 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2004 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might WELLFIELD LODGE be worth now?

WELLFIELD LODGE might now be worth an estimated £254,863.

This is based on house price inflation of 175.5%, between February 2004 and December 2024, for 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 175.5% inflationary increase is applied to the most recent sale price for WELLFIELD LODGE of £92,500 on 25th February 2004. For the value to have increased from £92,500 to £254,863 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of WELLFIELD LODGE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2004 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of WELLFIELD LODGE has not materially changed since February 2004.

How Large is WELLFIELD LODGE?

WELLFIELD LODGE is 67m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where WELLFIELD LODGE lies on this distribution: 5% of detached houses houses are smaller than WELLFIELD LODGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lees.

WELLFIELD LODGE: Plot and Title Map

WELLFIELD LODGE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of WELLFIELD LODGE, 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 WELLFIELD LODGE). 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 WELLFIELD LODGE?

WELLFIELD LODGE is located on HARTSHEAD STREET in LEES, in the OL4 postcode district. The below map shows the position of WELLFIELD LODGE on HARTSHEAD STREET.