8, BROOKLET CLOSE, SPRINGHEAD, OLDHAM, OL4 5UB - £399,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 BROOKLET CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £605,691. It was last sold for £399,950 in August 2019, which was around 67% above the average August 2019 detached price in the Oldham local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

8 BROOKLET CLOSE Sold Prices

Land registry data shows three sales for 8 BROOKLET 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. All of the three 8 BROOKLET 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
2019 15 AUG	£399,950	£238,789	67% above HPI
2006 1 DEC	£321,000	£203,107	58% above HPI
1996 21 JUN	£117,500	£70,334	67% above HPI

8 BROOKLET 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 8 BROOKLET CLOSE sales between June 1996 and August 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 December 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 8 BROOKLET CLOSE be worth now?

8 BROOKLET CLOSE might now be worth an estimated £605,691.

This is based on house price inflation of 51.4%, between August 2019 and February 2025, for detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.4% inflationary increase is applied to the most recent sale price for 8 BROOKLET CLOSE of £399,950 on 15th August 2019. For the value to have increased from £399,950 to £605,691 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 BROOKLET CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The August 2019 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 8 BROOKLET CLOSE has not materially changed since August 2019.

How Large is 8 BROOKLET CLOSE?

8 BROOKLET CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 8 BROOKLET CLOSE lies on this distribution: 83% of detached houses houses are smaller than 8 BROOKLET CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lees.

8 BROOKLET CLOSE: Plot and Title Map

8 BROOKLET CLOSE sits on a plot of roughly 4.5 acres, or 18,050m². The below map shows the location of 8 BROOKLET 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 8 BROOKLET 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 8 BROOKLET CLOSE?

8 BROOKLET CLOSE is located in SPRINGHEAD, in the OL4 postcode district. The below map shows the position of No. 8 on BROOKLET CLOSE.