3, CHIMES COURT, GROTTON, OLDHAM, OL4 5QW - £485,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHIMES COURT is a large extended detached house of 152m², built sometime between 2003 and 2006, which could now be worth an estimated £838,470. It was last sold for £485,000 in August 2016, which was around 132% above the average August 2016 detached price in the Oldham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

3 CHIMES COURT Sold Prices

Land registry data shows two sales for 3 CHIMES COURT 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 3 CHIMES COURT 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
2016 30 AUG	£485,000	£209,177	132% above HPI
2006 17 NOV	£435,000	£198,888	119% above HPI

3 CHIMES COURT 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 3 CHIMES COURT sales from November 2006 and August 2016 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 November 2006 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the August 2016 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

What might 3 CHIMES COURT be worth now?

3 CHIMES COURT might now be worth an estimated £838,470.

This is based on house price inflation of 72.9%, between August 2016 and February 2025, 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 72.9% inflationary increase is applied to the most recent sale price for 3 CHIMES COURT of £485,000 on 30th August 2016. For the value to have increased from £485,000 to £838,470 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CHIMES COURT has moved in line with the HPI for detached houses in the Oldham local authority area.
• The August 2016 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHIMES COURT has not materially changed since August 2016.

How Large is 3 CHIMES COURT?

3 CHIMES COURT is 152m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 3 CHIMES COURT lies on this distribution: 78% of detached houses houses are smaller than 3 CHIMES COURT, and 21% of houses are larger. Note that EPC data is not available for all properties in Lees.

3 CHIMES COURT: Plot and Title Map

3 CHIMES COURT sits on a plot of roughly 1.4 acres, or 5,674m². The below map shows the location of 3 CHIMES COURT, 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 3 CHIMES COURT). 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 3 CHIMES COURT?

3 CHIMES COURT is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 3 on CHIMES COURT.