5, MARSHAM CLOSE, GROTTON, OLDHAM, OL4 5RB - £500,000

5 MARSHAM CLOSE is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £500,000 in December 2021, which was around 66% above the average December 2021 detached price in the Oldham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

5 MARSHAM CLOSE Sold Prices

Land registry data shows two sales for 5 MARSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Both of the two 5 MARSHAM 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 17 DEC	£500,000	£300,726	66% above HPI
2018 2 AUG	£368,500	£230,565	60% above HPI

5 MARSHAM 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 two 5 MARSHAM CLOSE sales from August 2018 and December 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 August 2018 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 5 MARSHAM CLOSE?

5 MARSHAM CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 5 MARSHAM CLOSE lies on this distribution: 46% of detached houses are smaller than 5 MARSHAM CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lees.

5 MARSHAM CLOSE: Plot and Title Map

5 MARSHAM CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 5 MARSHAM 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 5 MARSHAM 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 5 MARSHAM CLOSE?

5 MARSHAM CLOSE is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 5 on MARSHAM CLOSE.