2, OWEN FOLD, LEES, OLDHAM, OL4 3DT - £242,000

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

2 OWEN FOLD is a midsized detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £393,621. It was last sold for £242,000 in March 2017, which was around 13% above the average March 2017 detached price in the Oldham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 OWEN FOLD Sold Prices

Land registry data shows two sales for 2 OWEN FOLD 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 2 OWEN FOLD sales were for above 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
2017 10 MAR	£242,000	£213,633	13% above HPI
2006 10 AUG	£250,000	£189,648	32% above HPI

2 OWEN FOLD 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 2 OWEN FOLD sales from August 2006 and March 2017 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 August 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 OWEN FOLD be worth now?

2 OWEN FOLD might now be worth an estimated £393,621.

This is based on house price inflation of 62.7%, between March 2017 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 62.7% inflationary increase is applied to the most recent sale price for 2 OWEN FOLD of £242,000 on 10th March 2017. For the value to have increased from £242,000 to £393,621 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 2 OWEN FOLD has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2017 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OWEN FOLD has not materially changed since March 2017.

How Large is 2 OWEN FOLD?

2 OWEN FOLD is 113m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 OWEN FOLD lies on this distribution: 43% of detached houses houses are smaller than 2 OWEN FOLD, and 56% of houses are larger. Note that EPC data is not available for all properties in Lees.

2 OWEN FOLD: Plot and Title Map

2 OWEN FOLD sits on a plot of roughly 0.335 of an acre, or 1,355m². The below map shows the location of 2 OWEN FOLD, 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 OWEN FOLD). 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 OWEN FOLD?

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