11, LOCKING GATE RISE, OLDHAM, OL4 2SP - £294,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 LOCKING GATE RISE is a midsized extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £294,000 in November 2022, which was around 12% below the average November 2022 detached price in the Oldham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

11 LOCKING GATE RISE Sold Prices

Land registry data shows three sales for 11 LOCKING GATE RISE 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 11 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
2022 7 NOV	£294,000	£334,537	12% below HPI
1999 10 SEP	£73,000	£79,599	8% below HPI
1998 30 JAN	£65,000	£73,746	12% below HPI

11 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 three 11 LOCKING GATE RISE sales between January 1998 and November 2022 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 September 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 LOCKING GATE RISE?

11 LOCKING GATE RISE is 98m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 11 LOCKING GATE RISE lies on this distribution: 40% of detached houses are smaller than 11 LOCKING GATE RISE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oldham.

11 LOCKING GATE RISE: Plot and Title Map

11 LOCKING GATE RISE sits on a plot of roughly 4.0 acres, or 16,076m². The below map shows the location of 11 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 11 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 11 LOCKING GATE RISE?

11 LOCKING GATE RISE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 11 on LOCKING GATE RISE.