23, ELM TREE CLOSE, FAILSWORTH, MANCHESTER, M35 9NA - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 ELM TREE CLOSE is a very small extended detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £374,562. It was last sold for £310,000 in December 2021, which was around 4% above the average December 2021 detached price in the Oldham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

23 ELM TREE CLOSE Sold Prices

Land registry data shows three sales for 23 ELM TREE 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. The three 23 ELM TREE CLOSE sales were a mix of above the average price, and roughly equal to 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 14 DEC	£310,000	£299,294	4% above HPI
2013 20 DEC	£188,000	£186,290	1% above HPI
1996 15 JAN	£69,000	£69,032	Close to HPI

23 ELM TREE 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 23 ELM TREE CLOSE sales between January 1996 and December 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 December 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 23 ELM TREE CLOSE be worth now?

23 ELM TREE CLOSE might now be worth an estimated £374,562.

This is based on house price inflation of 20.8%, between December 2021 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 20.8% inflationary increase is applied to the most recent sale price for 23 ELM TREE CLOSE of £310,000 on 14th December 2021. For the value to have increased from £310,000 to £374,562 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 ELM TREE CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The December 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ELM TREE CLOSE has not materially changed since December 2021.

How Large is 23 ELM TREE CLOSE?

23 ELM TREE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failsworth, and where 23 ELM TREE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 23 ELM TREE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

23 ELM TREE CLOSE: Plot and Title Map

23 ELM TREE CLOSE sits on a plot of roughly 6.5 acres, or 26,312m². The below map shows the location of 23 ELM TREE 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 23 ELM TREE 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 23 ELM TREE CLOSE?

23 ELM TREE CLOSE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 23 on ELM TREE CLOSE.