22, LAUNCESTON CLOSE, OLDHAM, OL8 2XE - £71,475

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.

22 LAUNCESTON CLOSE is a very small extended terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £342,833. It was last sold for £71,475 in March 2002, which was around 90% above the average March 2002 terraced price in the Oldham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

22 LAUNCESTON CLOSE Sold Prices

Land registry data shows one sale for 22 LAUNCESTON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2002 4 MAR	£71,475	£37,580	90% above HPI

What might 22 LAUNCESTON CLOSE be worth now?

22 LAUNCESTON CLOSE might now be worth an estimated £342,833.

This is based on house price inflation of 379.7%, between March 2002 and May 2026, for terraced 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 379.7% inflationary increase is applied to the most recent sale price for 22 LAUNCESTON CLOSE of £71,475 on 4th March 2002. For the value to have increased from £71,475 to £342,833 over the 23 years and ten months to May 2026, the following assumptions must hold true:

• The value of 22 LAUNCESTON CLOSE has moved in line with the HPI for terraced houses in the Oldham local authority area.
• The March 2002 sale price of £71,475 represented a fair market value for the property.
• The size, condition, and specification of 22 LAUNCESTON CLOSE has not materially changed since March 2002.

How Large is 22 LAUNCESTON CLOSE?

22 LAUNCESTON CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses in Oldham, based on EPC data. The below chart shows the distribution of terraced houses by size in Oldham, and where 22 LAUNCESTON CLOSE lies on this distribution: 19% of terraced houses are smaller than 22 LAUNCESTON CLOSE, and 79% of terraced houses are larger. Note that EPC data is not available for all properties in Oldham.

22 LAUNCESTON CLOSE: Plot

22 LAUNCESTON CLOSE sits on a plot of roughly 1.3 acres, or 5,063m².

Where is 22 LAUNCESTON CLOSE?

22 LAUNCESTON CLOSE is located in OLDHAM, in the OL8 postcode district.