8, NORLEY CLOSE, CHADDERTON, OLDHAM, OL1 2RA - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NORLEY CLOSE is a very large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £450,000 in July 2022, which was around 41% above the average July 2022 detached price in the Oldham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

8 NORLEY CLOSE Sold Prices

Land registry data shows two sales for 8 NORLEY 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. One of the two 8 NORLEY CLOSE sales was for above the average price, whilst the other was 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
2022 8 JUL	£450,000	£318,923	41% above HPI
2006 27 JAN	£140,101	£180,341	22% below HPI

8 NORLEY 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 NORLEY CLOSE sales from January 2006 and July 2022 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 January 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 8 NORLEY CLOSE?

8 NORLEY CLOSE is 175m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 8 NORLEY CLOSE lies on this distribution: 97% of detached houses are smaller than 8 NORLEY CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

8 NORLEY CLOSE: Plot and Title Map

8 NORLEY CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 NORLEY 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 NORLEY 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 NORLEY CLOSE?

8 NORLEY CLOSE is located in CHADDERTON, in the OL1 postcode district. The below map shows the position of No. 8 on NORLEY CLOSE.