29, THORPE CLOSE, AUSTERLANDS, OLDHAM, OL4 3QL - £265,000

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

29 THORPE CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £265,000 in September 2023, which was around 20% below the average September 2023 detached price in the Oldham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

29 THORPE CLOSE Sold Prices

Land registry data shows three sales for 29 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 29 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
2023 5 SEP	£265,000	£330,628	20% below HPI
2022 18 MAR	£245,000	£310,610	21% below HPI
2021 12 MAR	£223,000	£279,355	20% below HPI

29 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 29 THORPE CLOSE sales between March 2021 and September 2023 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 March 2022 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 29 THORPE CLOSE be worth now?

29 THORPE CLOSE might now be worth an estimated £278,508.

This is based on house price inflation of 5.1%, between September 2023 and December 2024, 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 5.1% inflationary increase is applied to the most recent sale price for 29 THORPE CLOSE of £265,000 on 5th September 2023. For the value to have increased from £265,000 to £278,508 over the nine months to December 2024, the following assumptions must hold true:

• The value of 29 THORPE CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The September 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THORPE CLOSE has not materially changed since September 2023.

How Large is 29 THORPE CLOSE?

29 THORPE CLOSE is 75m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 29 THORPE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 29 THORPE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lees.

29 THORPE CLOSE: Plot and Title Map

29 THORPE CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 29 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 29 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 29 THORPE CLOSE?

29 THORPE CLOSE is located in AUSTERLANDS, in the OL4 postcode district. The below map shows the position of No. 29 on THORPE CLOSE.