7, EPPING CLOSE, CHADDERTON, OLDHAM, OL9 9ST - £287,000

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.

7 EPPING CLOSE is a large detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £460,594. It was last sold for £287,000 in January 2019, which was around 23% above the average January 2019 detached price in the Oldham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

7 EPPING CLOSE Sold Prices

Land registry data shows three sales for 7 EPPING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 7 EPPING 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 25 JAN	£287,000	£233,979	23% above HPI
2007 26 JAN	£245,000	£203,933	20% above HPI
2004 4 JUN	£220,000	£142,300	55% above HPI

7 EPPING 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 three 7 EPPING CLOSE sales between June 2004 and January 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 January 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 7 EPPING CLOSE be worth now?

7 EPPING CLOSE might now be worth an estimated £460,594.

This is based on house price inflation of 60.5%, between January 2019 and April 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 60.5% inflationary increase is applied to the most recent sale price for 7 EPPING CLOSE of £287,000 on 25th January 2019. For the value to have increased from £287,000 to £460,594 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 EPPING CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2019 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EPPING CLOSE has not materially changed since January 2019.

How Large is 7 EPPING CLOSE?

7 EPPING CLOSE is 117m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chadderton, and where 7 EPPING CLOSE lies on this distribution: 65% of detached houses houses are smaller than 7 EPPING CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

7 EPPING CLOSE: Plot and Title Map

7 EPPING CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 EPPING 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 7 EPPING 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 7 EPPING CLOSE?

7 EPPING CLOSE is located in CHADDERTON, in the OL9 postcode district. The below map shows the position of No. 7 on EPPING CLOSE.