2, CHERWELL CLOSE, OLDHAM, OL8 3TD - £76,950

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.

2 CHERWELL CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £263,213. It was last sold for £76,950 in February 2003, which was around 30% below the average February 2003 detached price in the Oldham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

2 CHERWELL CLOSE Sold Prices

Land registry data shows one sale for 2 CHERWELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oldham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 21 FEB	£76,950	£109,782	30% below HPI

What might 2 CHERWELL CLOSE be worth now?

2 CHERWELL CLOSE might now be worth an estimated £263,213.

This is based on house price inflation of 242.1%, between February 2003 and May 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 242.1% inflationary increase is applied to the most recent sale price for 2 CHERWELL CLOSE of £76,950 on 21st February 2003. For the value to have increased from £76,950 to £263,213 over the 22 years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 CHERWELL CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2003 sale price of £76,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERWELL CLOSE has not materially changed since February 2003.

How Large is 2 CHERWELL CLOSE?

2 CHERWELL CLOSE is 80m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 2 CHERWELL CLOSE lies on this distribution: 19% of detached houses are smaller than 2 CHERWELL CLOSE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Oldham.

2 CHERWELL CLOSE: Plot

2 CHERWELL CLOSE sits on a plot of roughly 0.074 of an acre, or 301m².

Where is 2 CHERWELL CLOSE?

2 CHERWELL CLOSE is located in OLDHAM, in the OL8 postcode district.