5, MATTHEW CLOSE, OLDHAM, OL8 2XB - £350,000

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

5 MATTHEW CLOSE is a large detached house of 111m², built sometime between 2003 and 2006. It was last sold for £350,000 in October 2023, which was around 6% above the average October 2023 detached price in the Oldham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was A, and the potential energy rating was A.

5 MATTHEW CLOSE Sold Prices

Land registry data shows four sales for 5 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. two of the four 5 MATTHEW CLOSE sales were for above the average price, and four 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 20 OCT	£350,000	£331,611	6% above HPI
2009 30 JUN	£170,000	£185,352	8% below HPI
2007 5 JUN	£187,000	£203,817	8% below HPI
2000 28 JUL	£88,000	£80,819	9% above HPI

5 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 5 MATTHEW CLOSE sales between July 2000 and October 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 June 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 5 MATTHEW CLOSE?

5 MATTHEW CLOSE is 111m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 5 MATTHEW CLOSE lies on this distribution: 61% of detached houses are smaller than 5 MATTHEW CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Oldham.

5 MATTHEW CLOSE: Plot and Title Map

5 MATTHEW CLOSE sits on a plot of roughly 3.1 acres, or 12,558m². The below map shows the location of 5 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 5 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 5 MATTHEW CLOSE?

5 MATTHEW CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 5 on MATTHEW CLOSE.