2, LUPIN CLOSE, OLDHAM, OL1 4TJ - £189,950

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.

2 LUPIN CLOSE is a very small detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £316,706. It was last sold for £189,950 in July 2018, which was around 16% below the average July 2018 detached price in the Oldham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

2 LUPIN CLOSE Sold Prices

Land registry data shows six sales for 2 LUPIN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The six 2 LUPIN CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 6 JUL	£189,950	£225,223	16% below HPI
2013 28 JUN	£172,000	£180,411	5% below HPI
2009 27 FEB	£135,000	£185,683	27% below HPI
2008 30 DEC	£105,000	£196,781	47% below HPI
2005 20 MAY	£178,500	£159,867	12% above HPI
2002 29 NOV	£104,995	£105,099	Close to HPI

2 LUPIN 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 six 2 LUPIN CLOSE sales between November 2002 and July 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 June 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 LUPIN CLOSE be worth now?

2 LUPIN CLOSE might now be worth an estimated £316,706.

This is based on house price inflation of 66.7%, between July 2018 and May 2026, 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 66.7% inflationary increase is applied to the most recent sale price for 2 LUPIN CLOSE of £189,950 on 6th July 2018. For the value to have increased from £189,950 to £316,706 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 2 LUPIN CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2018 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 2 LUPIN CLOSE has not materially changed since July 2018.

How Large is 2 LUPIN CLOSE?

2 LUPIN CLOSE is 79m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 2 LUPIN CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 LUPIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oldham.

2 LUPIN CLOSE: Plot and Title Map

2 LUPIN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 LUPIN 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 LUPIN 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 LUPIN CLOSE?

2 LUPIN CLOSE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 2 on LUPIN CLOSE.