8, MARGROVE CLOSE, FAILSWORTH, MANCHESTER, M35 9XQ - £435,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 MARGROVE CLOSE is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £435,000 in October 2024, which was around 28% above the average October 2024 detached price in the Oldham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

8 MARGROVE CLOSE Sold Prices

Land registry data shows two sales for 8 MARGROVE 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 8 MARGROVE 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
2024 29 OCT	£435,000	£341,135	28% above HPI
2017 28 JUL	£324,000	£218,966	48% above HPI

8 MARGROVE 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 8 MARGROVE CLOSE sales from July 2017 and October 2024 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 July 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2024 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 MARGROVE CLOSE?

8 MARGROVE CLOSE is 113m² according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 8 MARGROVE CLOSE lies on this distribution: 64% of detached houses are smaller than 8 MARGROVE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Oldham.

8 MARGROVE CLOSE: Plot and Title Map

8 MARGROVE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 MARGROVE 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 MARGROVE 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 MARGROVE CLOSE?

8 MARGROVE CLOSE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 8 on MARGROVE CLOSE.