1, GIBRALTAR STREET, OLDHAM, OL4 5HT - £205,000

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.

1 GIBRALTAR STREET is a very small detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £249,399. It was last sold for £205,000 in November 2021, which was around 31% below the average November 2021 detached price in the Oldham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 GIBRALTAR STREET Sold Prices

Land registry data shows two sales for 1 GIBRALTAR STREET 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 1 GIBRALTAR STREET 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 12 NOV	£205,000	£297,248	31% below HPI
1996 22 MAR	£58,000	£68,893	16% below HPI

1 GIBRALTAR STREET 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 1 GIBRALTAR STREET sales from March 1996 and November 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 March 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 GIBRALTAR STREET be worth now?

1 GIBRALTAR STREET might now be worth an estimated £249,399.

This is based on house price inflation of 21.7%, between November 2021 and February 2025, 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 21.7% inflationary increase is applied to the most recent sale price for 1 GIBRALTAR STREET of £205,000 on 12th November 2021. For the value to have increased from £205,000 to £249,399 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GIBRALTAR STREET has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GIBRALTAR STREET has not materially changed since November 2021.

How Large is 1 GIBRALTAR STREET?

1 GIBRALTAR STREET is 62m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 1 GIBRALTAR STREET lies on this distribution: 4% of detached houses houses are smaller than 1 GIBRALTAR STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Oldham.

1 GIBRALTAR STREET: Plot and Title Map

1 GIBRALTAR STREET sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1 GIBRALTAR STREET, 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 1 GIBRALTAR STREET). 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 1 GIBRALTAR STREET?

1 GIBRALTAR STREET is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 1 on GIBRALTAR STREET.