4, LOCKING GATE RISE, OLDHAM, OL4 2SP - £217,500

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.

4 LOCKING GATE RISE is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £292,359. It was last sold for £217,500 in March 2021, which was around 22% below the average March 2021 detached price in the Oldham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

4 LOCKING GATE RISE Sold Prices

Land registry data shows two sales for 4 LOCKING GATE RISE 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 4 LOCKING GATE RISE sales were for below 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 5 MAR	£217,500	£279,355	22% below HPI
2016 25 JAN	£155,000	£201,811	23% below HPI

4 LOCKING GATE RISE 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 4 LOCKING GATE RISE sales from January 2016 and March 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 January 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 LOCKING GATE RISE be worth now?

4 LOCKING GATE RISE might now be worth an estimated £292,359.

This is based on house price inflation of 34.4%, between March 2021 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 34.4% inflationary increase is applied to the most recent sale price for 4 LOCKING GATE RISE of £217,500 on 5th March 2021. For the value to have increased from £217,500 to £292,359 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 LOCKING GATE RISE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2021 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LOCKING GATE RISE has not materially changed since March 2021.

How Large is 4 LOCKING GATE RISE?

4 LOCKING GATE RISE is 89m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 4 LOCKING GATE RISE lies on this distribution: 28% of detached houses houses are smaller than 4 LOCKING GATE RISE, and 71% of houses are larger. Note that EPC data is not available for all properties in Oldham.

4 LOCKING GATE RISE: Plot and Title Map

4 LOCKING GATE RISE sits on a plot of roughly 3.5 acres, or 14,174m². The below map shows the location of 4 LOCKING GATE RISE, 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 4 LOCKING GATE RISE). 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 4 LOCKING GATE RISE?

4 LOCKING GATE RISE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 4 on LOCKING GATE RISE.