3, HIGHER CROSSBANK, LEES, OLDHAM, OL4 3LT - £440,000

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

3 HIGHER CROSSBANK is a very large extended detached house of 220m², built sometime between 1976 and 1982. It was last sold for £440,000 in February 2024, which was around 34% above the average February 2024 detached price in the Oldham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 HIGHER CROSSBANK Sold Prices

Land registry data shows four sales for 3 HIGHER CROSSBANK 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. All of the four 3 HIGHER CROSSBANK 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 9 FEB	£440,000	£327,822	34% above HPI
2019 14 MAR	£382,000	£229,011	67% above HPI
2004 10 SEP	£296,000	£150,402	97% above HPI
1997 12 DEC	£135,000	£73,263	84% above HPI

3 HIGHER CROSSBANK 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 3 HIGHER CROSSBANK sales between December 1997 and February 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 March 2019 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2024 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 HIGHER CROSSBANK be worth now?

3 HIGHER CROSSBANK might now be worth an estimated £466,386.

This is based on house price inflation of 6%, between February 2024 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 6% inflationary increase is applied to the most recent sale price for 3 HIGHER CROSSBANK of £440,000 on 9th February 2024. For the value to have increased from £440,000 to £466,386 over the two months to December 2024, the following assumptions must hold true:

• The value of 3 HIGHER CROSSBANK has moved in line with the HPI for detached houses in the Oldham local authority area.
• The February 2024 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHER CROSSBANK has not materially changed since February 2024.

How Large is 3 HIGHER CROSSBANK?

3 HIGHER CROSSBANK is 220m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% 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 HIGHER CROSSBANK lies on this distribution: 94% of detached houses houses are smaller than 3 HIGHER CROSSBANK, and 6% of houses are larger. Note that EPC data is not available for all properties in Lees.

3 HIGHER CROSSBANK: Plot and Title Map

3 HIGHER CROSSBANK sits on a plot of roughly 0.895 of an acre, or 3,621m². The below map shows the location of 3 HIGHER CROSSBANK, 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 HIGHER CROSSBANK). 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 HIGHER CROSSBANK?

3 HIGHER CROSSBANK is located in LEES, in the OL4 postcode district. The below map shows the position of No. 3 on HIGHER CROSSBANK.