12, LAUNCESTON CLOSE, OLDHAM, OL8 2XE - £115,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 LAUNCESTON CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002. It was last sold for £115,000 in December 2017, which was around 49% below the average December 2017 detached price in the Oldham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

12 LAUNCESTON CLOSE Sold Prices

Land registry data shows five sales for 12 LAUNCESTON CLOSE 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. All of the five 12 LAUNCESTON CLOSE 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
2017 15 DEC	£115,000	£225,913	49% below HPI
2007 26 APR	£123,500	£200,174	38% below HPI
2005 31 OCT	£110,000	£177,815	38% below HPI
2003 8 AUG	£72,000	£119,536	40% below HPI
2001 8 JUN	£62,725	£89,160	30% below HPI

12 LAUNCESTON CLOSE 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 12 LAUNCESTON CLOSE sales between June 2001 and December 2017 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 April 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 12 LAUNCESTON CLOSE?

12 LAUNCESTON CLOSE is 66m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 12 LAUNCESTON CLOSE lies on this distribution: 5% of detached houses are smaller than 12 LAUNCESTON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oldham.

12 LAUNCESTON CLOSE: Plot and Title Map

12 LAUNCESTON CLOSE sits on a plot of roughly 1.3 acres, or 5,063m². The below map shows the location of 12 LAUNCESTON CLOSE, 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 12 LAUNCESTON CLOSE). 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 12 LAUNCESTON CLOSE?

12 LAUNCESTON CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 12 on LAUNCESTON CLOSE.