7, REDCAR CLOSE, OLDHAM, OL1 4TG - £163,000

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

7 REDCAR CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £163,000 in June 2019, which was around 31% below the average June 2019 detached price in the Oldham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

7 REDCAR CLOSE Sold Prices

Land registry data shows four sales for 7 REDCAR 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. All of the four 7 REDCAR 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
2019 14 JUN	£163,000	£235,745	31% below HPI
2017 20 SEP	£149,000	£222,138	33% below HPI
2003 17 OCT	£93,000	£122,333	24% below HPI
2003 14 MAR	£75,000	£110,574	32% below HPI

7 REDCAR 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 REDCAR CLOSE sales between March 2003 and June 2019 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 REDCAR CLOSE?

7 REDCAR CLOSE is 74m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 REDCAR CLOSE lies on this distribution: 10% of detached houses are smaller than 7 REDCAR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Oldham.

7 REDCAR CLOSE: Plot and Title Map

7 REDCAR CLOSE sits on a plot of roughly 0.075 of an acre, or 301m². The below map shows the location of 7 REDCAR 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 REDCAR 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 REDCAR CLOSE?

7 REDCAR CLOSE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 7 on REDCAR CLOSE.