2, FAIRVIEW CLOSE, CHADDERTON, OLDHAM, OL9 9UZ - £243,000

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.

2 FAIRVIEW CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £454,107. It was last sold for £243,000 in August 2014, which was around 26% above the average August 2014 detached price in the Oldham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

2 FAIRVIEW CLOSE Sold Prices

Land registry data shows two sales for 2 FAIRVIEW 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 2 FAIRVIEW CLOSE sales were 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
2014 15 AUG	£243,000	£193,512	26% above HPI
2002 22 NOV	£154,950	£105,099	47% above HPI

2 FAIRVIEW 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 2 FAIRVIEW CLOSE sales from November 2002 and August 2014 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 November 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 FAIRVIEW CLOSE be worth now?

2 FAIRVIEW CLOSE might now be worth an estimated £454,107.

This is based on house price inflation of 86.9%, between August 2014 and February 2025, for 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 86.9% inflationary increase is applied to the most recent sale price for 2 FAIRVIEW CLOSE of £243,000 on 15th August 2014. For the value to have increased from £243,000 to £454,107 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 FAIRVIEW CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The August 2014 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRVIEW CLOSE has not materially changed since August 2014.

How Large is 2 FAIRVIEW CLOSE?

2 FAIRVIEW CLOSE is 104m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chadderton, and where 2 FAIRVIEW CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 FAIRVIEW CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

2 FAIRVIEW CLOSE: Plot and Title Map

2 FAIRVIEW CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 FAIRVIEW 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 2 FAIRVIEW 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 2 FAIRVIEW CLOSE?

2 FAIRVIEW CLOSE is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 2 on FAIRVIEW CLOSE.