6, LAUNCESTON CLOSE, OLDHAM, OL8 2XE - £95,000

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

6 LAUNCESTON CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £95,000 in December 2002, which was around 11% below the average December 2002 detached price in the Oldham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

6 LAUNCESTON CLOSE Sold Prices

Land registry data shows two sales for 6 LAUNCESTON 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 6 LAUNCESTON 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
2002 17 DEC	£95,000	£106,536	11% below HPI
2002 23 MAY	£84,700	£96,339	12% below HPI

6 LAUNCESTON 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 6 LAUNCESTON CLOSE sales from May 2002 and December 2002 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 May 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 6 LAUNCESTON CLOSE?

6 LAUNCESTON CLOSE is 100m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 6 LAUNCESTON CLOSE lies on this distribution: 44% of detached houses are smaller than 6 LAUNCESTON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Oldham.

6 LAUNCESTON CLOSE: Plot and Title Map

6 LAUNCESTON CLOSE sits on a plot of roughly 1.3 acres, or 5,063m². The below map shows the location of 6 LAUNCESTON 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 6 LAUNCESTON 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 6 LAUNCESTON CLOSE?

6 LAUNCESTON CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 6 on LAUNCESTON CLOSE.