16, STAVELEY CLOSE, SHAW, OLDHAM, OL2 8ND - £225,000

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

16 STAVELEY CLOSE is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £225,000 in September 2021, which was around 23% below the average September 2021 detached price in the Oldham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

16 STAVELEY CLOSE Sold Prices

Land registry data shows two sales for 16 STAVELEY CLOSE 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 16 STAVELEY 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
2021 30 SEP	£225,000	£290,337	23% below HPI
1995 30 JUN	£57,500	£70,319	18% below HPI

16 STAVELEY 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 two 16 STAVELEY CLOSE sales from June 1995 and September 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 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 STAVELEY CLOSE?

16 STAVELEY CLOSE is 50m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses by size in Shaw, and where 16 STAVELEY CLOSE lies on this distribution: 2% of detached houses are smaller than 16 STAVELEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shaw.

16 STAVELEY CLOSE: Plot and Title Map

16 STAVELEY CLOSE sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 16 STAVELEY 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 STAVELEY 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 STAVELEY CLOSE?

16 STAVELEY CLOSE is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 16 on STAVELEY CLOSE.