4, KINGSWAY CLOSE, OLDHAM, OL8 1BE - £110,000

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.

4 KINGSWAY CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £185,639. It was last sold for £110,000 in April 2019, which was around 24% below the average April 2019 semi-detached price in the Oldham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 KINGSWAY CLOSE Sold Prices

Land registry data shows three sales for 4 KINGSWAY 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 4 KINGSWAY CLOSE sales were for below 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 12 APR	£110,000	£143,928	24% below HPI
2005 10 AUG	£80,000	£109,550	27% below HPI
1996 22 AUG	£35,000	£42,576	18% below HPI

4 KINGSWAY 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 4 KINGSWAY CLOSE sales between August 1996 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 August 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 KINGSWAY CLOSE be worth now?

4 KINGSWAY CLOSE might now be worth an estimated £185,639.

This is based on house price inflation of 68.8%, between April 2019 and May 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 68.8% inflationary increase is applied to the most recent sale price for 4 KINGSWAY CLOSE of £110,000 on 12th April 2019. For the value to have increased from £110,000 to £185,639 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 KINGSWAY CLOSE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The April 2019 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KINGSWAY CLOSE has not materially changed since April 2019.

How Large is 4 KINGSWAY CLOSE?

4 KINGSWAY CLOSE is 56m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 4 KINGSWAY CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 KINGSWAY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oldham.

4 KINGSWAY CLOSE: Plot and Title Map

4 KINGSWAY CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 4 KINGSWAY 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 4 KINGSWAY 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 4 KINGSWAY CLOSE?

4 KINGSWAY CLOSE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 4 on KINGSWAY CLOSE.