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
18 SHOLVER HILL CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £160,000 in July 2017, which was around 27% below the average July 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 18 SHOLVER HILL CLOSE since 1st 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 18 SHOLVER HILL 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 7 JUL | £160,000 | £218,966 | 27% below HPI |
2014 15 AUG | £134,950 | £194,438 | 31% below HPI |
2011 25 NOV | £97,500 | £186,960 | 48% below HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 18 SHOLVER HILL CLOSE sales between November 2011 and July 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 August 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
18 SHOLVER HILL CLOSE is 63m² according to the EPC inspection conducted in June 2011. 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 18 SHOLVER HILL CLOSE lies on this distribution: 4% of detached houses are smaller than 18 SHOLVER HILL CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oldham.
18 SHOLVER HILL CLOSE sits on a plot of roughly 1.8 acres, or 7,294m². The below map shows the location of 18 SHOLVER HILL 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 18 SHOLVER HILL 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.
18 SHOLVER HILL CLOSE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 18 on SHOLVER HILL CLOSE.