28, LOCKING GATE RISE, OLDHAM, OL4 2SP - £475,000

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

28 LOCKING GATE RISE is a very large extended detached house of 160m², built sometime between 1996 and 2002. It was last sold for £475,000 in March 2024, which was around 44% above the average March 2024 detached price in the Oldham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

28 LOCKING GATE RISE Sold Prices

Land registry data shows four sales for 28 LOCKING GATE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Most of the four 28 LOCKING GATE RISE 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
2024 28 MAR	£475,000	£330,736	44% above HPI
2014 10 OCT	£225,000	£194,938	15% above HPI
2002 19 JUL	£119,000	£102,158	16% above HPI
1999 1 OCT	£75,000	£81,774	8% below HPI

28 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 four 28 LOCKING GATE RISE sales between October 1999 and March 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 October 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2024 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 28 LOCKING GATE RISE?

28 LOCKING GATE RISE is 160m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 28 LOCKING GATE RISE lies on this distribution: 91% of detached houses are smaller than 28 LOCKING GATE RISE, and 9% of houses are larger. Note that EPC data is not available for all properties in Oldham.

28 LOCKING GATE RISE: Plot and Title Map

28 LOCKING GATE RISE sits on a plot of roughly 0.509 of an acre, or 2,062m². The below map shows the location of 28 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 28 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 28 LOCKING GATE RISE?

28 LOCKING GATE RISE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 28 on LOCKING GATE RISE.