7, MATTHEW CLOSE, OLDHAM, OL8 2XB - £167,500

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

7 MATTHEW CLOSE is a very large detached house of 146m², built sometime between 1996 and 2002. It was last sold for £167,500 in December 2016, which was around 21% below the average December 2016 detached price in the Oldham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

7 MATTHEW CLOSE Sold Prices

Land registry data shows four sales for 7 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. Most of the four 7 MATTHEW 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
2016 9 DEC	£167,500	£212,192	21% below HPI
2016 18 MAR	£165,000	£199,083	17% below HPI
2010 22 OCT	£180,000	£198,504	9% below HPI
2002 1 MAR	£94,400	£93,901	1% above HPI

7 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 7 MATTHEW CLOSE sales between March 2002 and December 2016 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 MATTHEW CLOSE?

7 MATTHEW CLOSE is 146m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 7 MATTHEW CLOSE lies on this distribution: 88% of detached houses are smaller than 7 MATTHEW CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oldham.

7 MATTHEW CLOSE: Plot and Title Map

7 MATTHEW CLOSE sits on a plot of roughly 0.563 of an acre, or 2,276m². The below map shows the location of 7 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 7 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 7 MATTHEW CLOSE?

7 MATTHEW CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 7 on MATTHEW CLOSE.