10, LOCKING GATE RISE, OLDHAM, OL4 2SP - £229,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 LOCKING GATE RISE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £229,000 in July 2024, which was around 31% below the average July 2024 detached price in the Oldham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

10 LOCKING GATE RISE Sold Prices

Land registry data shows two sales for 10 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 10 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
2024 12 JUL	£229,000	£331,593	31% below HPI
2018 11 JUL	£160,000	£225,223	29% below HPI

10 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 10 LOCKING GATE RISE sales from July 2018 and July 2024 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 July 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 10 LOCKING GATE RISE be worth now?

10 LOCKING GATE RISE might now be worth an estimated £239,972.

This is based on house price inflation of 4.8%, between July 2024 and December 2024, 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 4.8% inflationary increase is applied to the most recent sale price for 10 LOCKING GATE RISE of £229,000 on 12th July 2024. For the value to have increased from £229,000 to £239,972 over the seven months to December 2024, the following assumptions must hold true:

• The value of 10 LOCKING GATE RISE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2024 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LOCKING GATE RISE has not materially changed since July 2024.

How Large is 10 LOCKING GATE RISE?

10 LOCKING GATE RISE is 76m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% 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 10 LOCKING GATE RISE lies on this distribution: 13% of detached houses houses are smaller than 10 LOCKING GATE RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Oldham.

10 LOCKING GATE RISE: Plot and Title Map

10 LOCKING GATE RISE sits on a plot of roughly 3.5 acres, or 14,174m². The below map shows the location of 10 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 10 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 10 LOCKING GATE RISE?

10 LOCKING GATE RISE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 10 on LOCKING GATE RISE.