22, MATTHEW CLOSE, OLDHAM, OL8 2XB - £147,500

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.

22 MATTHEW CLOSE is a small semi-detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £247,728. It was last sold for £147,500 in April 2019, which was around 2% above the average April 2019 semi-detached price in the Oldham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

22 MATTHEW CLOSE Sold Prices

Land registry data shows three sales for 22 MATTHEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the three 22 MATTHEW 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
2019 4 APR	£147,500	£143,928	2% above HPI
2009 18 SEP	£127,000	£116,338	9% above HPI
2002 11 JUL	£75,150	£59,227	27% above HPI

22 MATTHEW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The three 22 MATTHEW CLOSE sales between July 2002 and April 2019 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 September 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 22 MATTHEW CLOSE be worth now?

22 MATTHEW CLOSE might now be worth an estimated £247,728.

This is based on house price inflation of 68%, between April 2019 and April 2026, for semi-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 68% inflationary increase is applied to the most recent sale price for 22 MATTHEW CLOSE of £147,500 on 4th April 2019. For the value to have increased from £147,500 to £247,728 over the seven years to April 2026, the following assumptions must hold true:

• The value of 22 MATTHEW CLOSE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The April 2019 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MATTHEW CLOSE has not materially changed since April 2019.

How Large is 22 MATTHEW CLOSE?

22 MATTHEW CLOSE is 82m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of semi-detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldham, and where 22 MATTHEW CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 22 MATTHEW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Oldham.

22 MATTHEW CLOSE: Plot and Title Map

22 MATTHEW CLOSE sits on a plot of roughly 0.504 of an acre, or 2,041m². The below map shows the location of 22 MATTHEW 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 22 MATTHEW 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 22 MATTHEW CLOSE?

22 MATTHEW CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 22 on MATTHEW CLOSE.