2, REDCAR CLOSE, OLDHAM, OL1 4TG - £88,000

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.

2 REDCAR CLOSE is a midsized detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £300,329. It was last sold for £88,000 in May 2003, which was around 20% below the average May 2003 detached price in the Oldham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

2 REDCAR CLOSE Sold Prices

Land registry data shows one sale for 2 REDCAR 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 9 MAY	£88,000	£110,031	20% below HPI

What might 2 REDCAR CLOSE be worth now?

2 REDCAR CLOSE might now be worth an estimated £300,329.

This is based on house price inflation of 241.3%, between May 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 241.3% inflationary increase is applied to the most recent sale price for 2 REDCAR CLOSE of £88,000 on 9th May 2003. For the value to have increased from £88,000 to £300,329 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 2 REDCAR CLOSE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The May 2003 sale price of £88,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDCAR CLOSE has not materially changed since May 2003.

How Large is 2 REDCAR CLOSE?

2 REDCAR CLOSE is 100m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% 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 REDCAR CLOSE lies on this distribution: 43% of detached houses are smaller than 2 REDCAR CLOSE, and 56% of detached houses are larger. Note that EPC data is not available for all properties in Oldham.

2 REDCAR CLOSE: Plot

2 REDCAR CLOSE sits on a plot of roughly 8.1 acres, or 32,651m².

Where is 2 REDCAR CLOSE?

2 REDCAR CLOSE is located in OLDHAM, in the OL1 postcode district.