56, MILLS FARM CLOSE, OLDHAM, OL8 2RW - £135,000

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

56 MILLS FARM CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £135,000 in October 2014, which was around 31% below the average October 2014 detached price in the Oldham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

56 MILLS FARM CLOSE Sold Prices

Land registry data shows three sales for 56 MILLS FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Two of the three 56 MILLS FARM CLOSE sales were for below the average price, whilst one was 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
2014 17 OCT	£135,000	£194,938	31% below HPI
2000 29 SEP	£73,950	£83,548	11% below HPI
1996 10 MAY	£75,000	£68,685	9% above HPI

56 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 three 56 MILLS FARM CLOSE sales between May 1996 and October 2014 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 September 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 MILLS FARM CLOSE?

56 MILLS FARM CLOSE is 72m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 56 MILLS FARM CLOSE lies on this distribution: 9% of detached houses are smaller than 56 MILLS FARM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Oldham.

56 MILLS FARM CLOSE: Plot and Title Map

56 MILLS FARM CLOSE sits on a plot of roughly 0.927 of an acre, or 3,752m². The below map shows the location of 56 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 56 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 56 MILLS FARM CLOSE?

56 MILLS FARM CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 56 on MILLS FARM CLOSE.