5, THORNLEY CLOSE, GROTTON, OLDHAM, OL4 5QU - £234,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 THORNLEY CLOSE is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £234,000 in December 2013, which was around 25% above the average December 2013 detached price in the Oldham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

5 THORNLEY CLOSE Sold Prices

Land registry data shows two sales for 5 THORNLEY 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 5 THORNLEY 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
2013 20 DEC	£234,000	£187,181	25% above HPI
1998 5 JAN	£82,000	£73,746	11% above HPI

5 THORNLEY 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 5 THORNLEY CLOSE sales from January 1998 and December 2013 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 January 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 5 THORNLEY CLOSE?

5 THORNLEY CLOSE is 98m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 5 THORNLEY CLOSE lies on this distribution: 26% of detached houses are smaller than 5 THORNLEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Lees.

5 THORNLEY CLOSE: Plot and Title Map

5 THORNLEY CLOSE sits on a plot of roughly 0.345 of an acre, or 1,397m². The below map shows the location of 5 THORNLEY 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 THORNLEY 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 THORNLEY CLOSE?

5 THORNLEY CLOSE is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 5 on THORNLEY CLOSE.