38, LAUREL AVENUE, CHADDERTON, OLDHAM, OL9 0NJ - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 LAUREL AVENUE is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £160,000 in August 2018, which was around 31% below the average August 2018 detached price in the Oldham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

38 LAUREL AVENUE Sold Prices

Land registry data shows three sales for 38 LAUREL AVENUE 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 38 LAUREL AVENUE 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 13 AUG	£160,000	£230,565	31% below HPI
2000 11 AUG	£59,000	£82,031	28% below HPI
1999 19 JUL	£54,000	£74,717	28% below HPI

38 LAUREL AVENUE 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 38 LAUREL AVENUE sales between July 1999 and August 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 August 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 LAUREL AVENUE?

38 LAUREL AVENUE is 53m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 38 LAUREL AVENUE lies on this distribution: 1% of detached houses are smaller than 38 LAUREL AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

38 LAUREL AVENUE: Plot and Title Map

38 LAUREL AVENUE sits on a plot of roughly 0.263 of an acre, or 1,062m². The below map shows the location of 38 LAUREL AVENUE, 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 38 LAUREL AVENUE). 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 38 LAUREL AVENUE?

38 LAUREL AVENUE is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 38 on LAUREL AVENUE.