5, OAK LEA GARDENS, WORSLEY, MANCHESTER, M28 1NR - £229,000

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.

5 OAK LEA GARDENS is a very small semi-detached house of 68m², which could now be worth an estimated £299,124. It was last sold for £229,000 in February 2021, which was around 53% above the average February 2021 semi-detached price in the Wigan local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

5 OAK LEA GARDENS Sold Prices

Land registry data shows two sales for 5 OAK LEA GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. Both of the two 5 OAK LEA GARDENS 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
2021 9 FEB	£229,000	£149,324	53% above HPI
2019 25 OCT	£200,000	£133,002	50% above HPI

5 OAK LEA GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wigan local authority area over time, sourced from the HPI. The two 5 OAK LEA GARDENS sales from October 2019 and February 2021 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 2019 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 5 OAK LEA GARDENS be worth now?

5 OAK LEA GARDENS might now be worth an estimated £299,124.

This is based on house price inflation of 30.6%, between February 2021 and February 2025, for semi-detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 5 OAK LEA GARDENS of £229,000 on 9th February 2021. For the value to have increased from £229,000 to £299,124 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 OAK LEA GARDENS has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The February 2021 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK LEA GARDENS has not materially changed since February 2021.

How Large is 5 OAK LEA GARDENS?

5 OAK LEA GARDENS is 68m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Walkden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walkden, and where 5 OAK LEA GARDENS lies on this distribution: 3% of semi-detached houses houses are smaller than 5 OAK LEA GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Walkden.

5 OAK LEA GARDENS: Plot and Title Map

5 OAK LEA GARDENS sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 5 OAK LEA GARDENS, 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 5 OAK LEA GARDENS). 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 5 OAK LEA GARDENS?

5 OAK LEA GARDENS is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 5 on OAK LEA GARDENS.