1, HOWARDIAN CLOSE, OLDHAM, OL8 3WE - £175,000

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.

1 HOWARDIAN CLOSE is a small terraced house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £312,469. It was last sold for £175,000 in February 2018, which was around 74% above the average February 2018 terraced price in the Oldham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 HOWARDIAN CLOSE Sold Prices

Land registry data shows three sales for 1 HOWARDIAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. All of the three 1 HOWARDIAN 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
2018 16 FEB	£175,000	£100,446	74% above HPI
2007 30 MAR	£178,000	£97,591	82% above HPI
2003 30 MAY	£129,950	£45,386	186% above HPI

1 HOWARDIAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oldham local authority area over time, sourced from the HPI. The three 1 HOWARDIAN CLOSE sales between May 2003 and February 2018 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 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the February 2018 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 1 HOWARDIAN CLOSE be worth now?

1 HOWARDIAN CLOSE might now be worth an estimated £312,469.

This is based on house price inflation of 78.6%, between February 2018 and April 2026, for terraced 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 78.6% inflationary increase is applied to the most recent sale price for 1 HOWARDIAN CLOSE of £175,000 on 16th February 2018. For the value to have increased from £175,000 to £312,469 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 HOWARDIAN CLOSE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The February 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOWARDIAN CLOSE has not materially changed since February 2018.

How Large is 1 HOWARDIAN CLOSE?

1 HOWARDIAN CLOSE is 87m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of terraced houses houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oldham, and where 1 HOWARDIAN CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 1 HOWARDIAN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Oldham.

1 HOWARDIAN CLOSE: Plot and Title Map

1 HOWARDIAN CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 HOWARDIAN 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 1 HOWARDIAN 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 1 HOWARDIAN CLOSE?

1 HOWARDIAN CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 1 on HOWARDIAN CLOSE.