4, MATTHEW CLOSE, OLDHAM, OL8 2XB - £172,000

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

4 MATTHEW CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £172,000 in December 2017, which was around 24% below the average December 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 MATTHEW CLOSE Sold Prices

Land registry data shows four sales for 4 MATTHEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The four 4 MATTHEW CLOSE sales were a mix of below 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
2017 1 DEC	£172,000	£225,913	24% below HPI
2007 24 MAY	£160,000	£202,889	21% below HPI
2004 21 MAY	£133,000	£133,147	Close to HPI
2002 3 MAY	£86,400	£96,339	10% below HPI

4 MATTHEW 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 four 4 MATTHEW CLOSE sales between May 2002 and December 2017 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 May 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 MATTHEW CLOSE?

4 MATTHEW CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 4 MATTHEW CLOSE lies on this distribution: 17% of detached houses are smaller than 4 MATTHEW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oldham.

4 MATTHEW CLOSE: Plot and Title Map

4 MATTHEW CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 4 MATTHEW 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 4 MATTHEW 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 4 MATTHEW CLOSE?

4 MATTHEW CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 4 on MATTHEW CLOSE.