2, LEESWAY, LEES, OLDHAM, OL4 5BQ - £172,500

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

2 LEESWAY is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £172,500 in November 2013, which was around 7% below the average November 2013 detached price in the Oldham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

2 LEESWAY Sold Prices

Land registry data shows three sales for 2 LEESWAY 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 2 LEESWAY 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
2013 5 NOV	£172,500	£184,906	7% below HPI
2009 22 MAY	£130,000	£180,122	28% below HPI
2006 14 JUL	£145,000	£186,533	22% below HPI

2 LEESWAY 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 2 LEESWAY sales between July 2006 and November 2013 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 May 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 LEESWAY be worth now?

2 LEESWAY might now be worth an estimated £324,167.

This is based on house price inflation of 87.9%, between November 2013 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 87.9% inflationary increase is applied to the most recent sale price for 2 LEESWAY of £172,500 on 5th November 2013. For the value to have increased from £172,500 to £324,167 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 LEESWAY has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2013 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LEESWAY has not materially changed since November 2013.

How Large is 2 LEESWAY?

2 LEESWAY is 100m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 2 LEESWAY lies on this distribution: 28% of detached houses houses are smaller than 2 LEESWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Lees.

2 LEESWAY: Plot and Title Map

2 LEESWAY sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 2 LEESWAY, 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 2 LEESWAY). 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 2 LEESWAY?

2 LEESWAY is located in LEES, in the OL4 postcode district. The below map shows the position of No. 2 on LEESWAY.