5, OAKS CLOSE, PRESTWICH, MANCHESTER, M25 3ER - £585,000

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 OAKS CLOSE is a midsized detached house of 128m², which could now be worth an estimated £594,955. It was last sold for £585,000 in January 2023, which was around 52% above the average January 2023 detached price in the Bury local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

5 OAKS CLOSE Sold Prices

Land registry data shows two sales for 5 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 5 OAKS CLOSE 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
2023 6 JAN	£585,000	£383,686	52% above HPI
2018 9 MAR	£409,995	£262,830	56% above HPI

5 OAKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 5 OAKS CLOSE sales from March 2018 and January 2023 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 2018 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 5 OAKS CLOSE be worth now?

5 OAKS CLOSE might now be worth an estimated £594,955.

This is based on house price inflation of 1.7%, between January 2023 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for 5 OAKS CLOSE of £585,000 on 6th January 2023. For the value to have increased from £585,000 to £594,955 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 OAKS CLOSE has moved in line with the HPI for detached houses in the Bury local authority area.
• The January 2023 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAKS CLOSE has not materially changed since January 2023.

How Large is 5 OAKS CLOSE?

5 OAKS CLOSE is 128m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 5 OAKS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 OAKS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

5 OAKS CLOSE: Plot and Title Map

5 OAKS CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 5 OAKS CLOSE, 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 OAKS CLOSE). 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 OAKS CLOSE?

5 OAKS CLOSE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 5 on OAKS CLOSE.