22, MENDIP CLOSE, ROYTON, OLDHAM, OL2 5EY - £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.

22 MENDIP CLOSE is a very small terraced house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £233,384. It was last sold for £175,000 in June 2021, which was around 29% above the average June 2021 terraced price in the Oldham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

22 MENDIP CLOSE Sold Prices

Land registry data shows three sales for 22 MENDIP 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 22 MENDIP 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
2021 30 JUN	£175,000	£135,161	29% above HPI
2010 2 JUL	£126,000	£93,868	34% above HPI
1999 13 AUG	£54,000	£32,479	66% above HPI

22 MENDIP 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 22 MENDIP CLOSE sales between August 1999 and June 2021 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 July 2010 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 22 MENDIP CLOSE be worth now?

22 MENDIP CLOSE might now be worth an estimated £233,384.

This is based on house price inflation of 33.4%, between June 2021 and May 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 33.4% inflationary increase is applied to the most recent sale price for 22 MENDIP CLOSE of £175,000 on 30th June 2021. For the value to have increased from £175,000 to £233,384 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 22 MENDIP CLOSE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The June 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MENDIP CLOSE has not materially changed since June 2021.

How Large is 22 MENDIP CLOSE?

22 MENDIP CLOSE is 73m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of terraced houses houses in Royton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royton, and where 22 MENDIP CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 22 MENDIP CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Royton.

22 MENDIP CLOSE: Plot and Title Map

22 MENDIP CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 22 MENDIP 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 MENDIP 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 MENDIP CLOSE?

22 MENDIP CLOSE is located in ROYTON, in the OL2 postcode district. The below map shows the position of No. 22 on MENDIP CLOSE.