2, LAXEY CLOSE, CHADDERTON, OLDHAM, OL9 8NX - £126,500

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.

2 LAXEY CLOSE is a midsized terraced house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £194,097. It was last sold for £126,500 in November 2018, which was around 15% above the average November 2018 terraced price in the Oldham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 LAXEY CLOSE Sold Prices

Land registry data shows two sales for 2 LAXEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oldham local authority area for the corresponding sale date. Both of the two 2 LAXEY 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 2 NOV	£126,500	£109,896	15% above HPI
2006 5 MAY	£149,557	£86,918	72% above HPI

2 LAXEY 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 two 2 LAXEY CLOSE sales from May 2006 and November 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 May 2006 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the November 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 LAXEY CLOSE be worth now?

2 LAXEY CLOSE might now be worth an estimated £194,097.

This is based on house price inflation of 53.4%, between November 2018 and June 2025, 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 53.4% inflationary increase is applied to the most recent sale price for 2 LAXEY CLOSE of £126,500 on 2nd November 2018. For the value to have increased from £126,500 to £194,097 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 2 LAXEY CLOSE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The November 2018 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LAXEY CLOSE has not materially changed since November 2018.

How Large is 2 LAXEY CLOSE?

2 LAXEY CLOSE is 104m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of terraced houses houses in Chadderton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chadderton, and where 2 LAXEY CLOSE lies on this distribution: 48% of terraced houses houses are smaller than 2 LAXEY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

2 LAXEY CLOSE: Plot and Title Map

2 LAXEY CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 2 LAXEY 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 2 LAXEY 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 2 LAXEY CLOSE?

2 LAXEY CLOSE is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 2 on LAXEY CLOSE.