4, THORPE CLOSE, AUSTERLANDS, OLDHAM, OL4 3QL - £285,000

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

4 THORPE CLOSE is a midsized extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £375,072. It was last sold for £285,000 in January 2021, which was around 4% above the average January 2021 detached price in the Oldham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

4 THORPE CLOSE Sold Prices

Land registry data shows two sales for 4 THORPE 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 4 THORPE 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
2021 8 JAN	£285,000	£274,783	4% above HPI
2018 30 NOV	£279,000	£239,575	16% above HPI

4 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 two 4 THORPE CLOSE sales from November 2018 and January 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 November 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 THORPE CLOSE be worth now?

4 THORPE CLOSE might now be worth an estimated £375,072.

This is based on house price inflation of 31.6%, between January 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 31.6% inflationary increase is applied to the most recent sale price for 4 THORPE CLOSE of £285,000 on 8th January 2021. For the value to have increased from £285,000 to £375,072 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 THORPE CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THORPE CLOSE has not materially changed since January 2021.

How Large is 4 THORPE CLOSE?

4 THORPE CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% 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 4 THORPE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 4 THORPE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lees.

4 THORPE CLOSE: Plot and Title Map

4 THORPE CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 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 4 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 4 THORPE CLOSE?

4 THORPE CLOSE is located in AUSTERLANDS, in the OL4 postcode district. The below map shows the position of No. 4 on THORPE CLOSE.