16, MATTHEW CLOSE, OLDHAM, OL8 2XB - £166,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MATTHEW CLOSE is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £166,000 in March 2009, which was around 7% below the average March 2009 detached price in the Oldham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

16 MATTHEW CLOSE Sold Prices

Land registry data shows three sales for 16 MATTHEW CLOSE 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. Two of the three 16 MATTHEW CLOSE sales were for below the average price, whilst one was 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
2009 2 MAR	£166,000	£177,706	7% below HPI
2003 18 JUL	£122,500	£116,008	6% above HPI
2002 26 JUL	£100,750	£102,158	1% below HPI

16 MATTHEW 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 three 16 MATTHEW CLOSE sales between July 2002 and March 2009 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 July 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2009 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 MATTHEW CLOSE?

16 MATTHEW CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 16 MATTHEW CLOSE lies on this distribution: 21% of detached houses are smaller than 16 MATTHEW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Oldham.

16 MATTHEW CLOSE: Plot and Title Map

16 MATTHEW CLOSE sits on a plot of roughly 0.504 of an acre, or 2,041m². The below map shows the location of 16 MATTHEW 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 16 MATTHEW 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 16 MATTHEW CLOSE?

16 MATTHEW CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 16 on MATTHEW CLOSE.