7, OWLS GATE, LEES, OLDHAM, OL4 3FL - £187,000

7 OWLS GATE is a very small extended detached house of 70m², built sometime between 2003 and 2006. It was last sold for £187,000 in August 2018, which was around 19% below the average August 2018 detached price in the Oldham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 OWLS GATE Sold Prices

Land registry data shows three sales for 7 OWLS GATE 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 OWLS GATE 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
2018 10 AUG	£187,000	£230,565	19% below HPI
2017 20 FEB	£185,000	£215,993	14% below HPI
2009 26 JUN	£162,500	£185,352	12% below HPI

7 OWLS GATE 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 OWLS GATE sales between June 2009 and August 2018 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 February 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 OWLS GATE?

7 OWLS GATE is 70m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 7 OWLS GATE lies on this distribution: 6% of detached houses are smaller than 7 OWLS GATE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lees.

7 OWLS GATE: Plot and Title Map

7 OWLS GATE sits on a plot of roughly 2.6 acres, or 10,654m². The below map shows the location of 7 OWLS GATE, 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 OWLS GATE). 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 OWLS GATE?

7 OWLS GATE is located in LEES, in the OL4 postcode district. The below map shows the position of No. 7 on OWLS GATE.