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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LAUNCESTON CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £189,606. It was last sold for £115,000 in December 2017, which was around 18% below the average December 2017 semi-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 semi-detached price in the Oldham local authority area for the corresponding sale date. Most 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	£140,784	18% below HPI
2007 26 APR	£123,500	£127,657	3% below HPI
2005 31 OCT	£110,000	£111,906	2% below HPI
2003 8 AUG	£72,000	£71,508	1% above HPI
2001 8 JUN	£62,725	£51,477	22% above HPI

12 LAUNCESTON CLOSE 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 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 LAUNCESTON CLOSE be worth now?

12 LAUNCESTON CLOSE might now be worth an estimated £189,606.

This is based on house price inflation of 64.9%, between December 2017 and February 2025, 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 64.9% inflationary increase is applied to the most recent sale price for 12 LAUNCESTON CLOSE of £115,000 on 15th December 2017. For the value to have increased from £115,000 to £189,606 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 LAUNCESTON CLOSE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The December 2017 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAUNCESTON CLOSE has not materially changed since December 2017.

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 semi-detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldham, and where 12 LAUNCESTON CLOSE lies on this distribution: 5% of semi-detached houses 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.