48, MILLS FARM CLOSE, OLDHAM, OL8 2RW - £163,900

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 MILLS FARM CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £163,900 in October 2017, which was around 27% below the average October 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

48 MILLS FARM CLOSE Sold Prices

Land registry data shows two sales for 48 MILLS FARM 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 48 MILLS FARM 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
2017 16 OCT	£163,900	£224,862	27% below HPI
2006 31 MAR	£159,950	£178,872	11% below HPI

48 MILLS FARM 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 48 MILLS FARM CLOSE sales from March 2006 and October 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 March 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 48 MILLS FARM CLOSE?

48 MILLS FARM CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 48 MILLS FARM CLOSE lies on this distribution: 75% of detached houses are smaller than 48 MILLS FARM CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Oldham.

48 MILLS FARM CLOSE: Plot and Title Map

48 MILLS FARM CLOSE sits on a plot of roughly 0.927 of an acre, or 3,752m². The below map shows the location of 48 MILLS FARM 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 48 MILLS FARM 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 48 MILLS FARM CLOSE?

48 MILLS FARM CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 48 on MILLS FARM CLOSE.