18, THORPE CLOSE, AUSTERLANDS, OLDHAM, OL4 3QL - £229,000

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

18 THORPE CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £229,000 in October 2018, which was around 4% below the average October 2018 detached price in the Oldham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

18 THORPE CLOSE Sold Prices

Land registry data shows three sales for 18 THORPE 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. All of the three 18 THORPE 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
2018 5 OCT	£229,000	£238,374	4% below HPI
2006 16 JUN	£162,000	£184,489	12% below HPI
2004 4 OCT	£130,000	£152,237	15% below HPI

18 THORPE 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 18 THORPE CLOSE sales between October 2004 and October 2018 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 THORPE CLOSE?

18 THORPE CLOSE is 60m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 18 THORPE CLOSE lies on this distribution: 2% of detached houses are smaller than 18 THORPE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lees.

18 THORPE CLOSE: Plot and Title Map

18 THORPE CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 18 THORPE 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 THORPE 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 18 THORPE CLOSE?

18 THORPE CLOSE is located in AUSTERLANDS, in the OL4 postcode district. The below map shows the position of No. 18 on THORPE CLOSE.