5, OWLS GATE, LEES, OLDHAM, OL4 3FL - £185,000

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

5 OWLS GATE is a very small detached house of 66m², which could now be worth an estimated £324,445. It was last sold for £185,000 in March 2016, which was around 7% below the average March 2016 detached price in the Oldham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

5 OWLS GATE Sold Prices

Land registry data shows three sales for 5 OWLS GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 5 OWLS GATE sales were for below 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 3 MAR	£185,000	£198,135	7% below HPI
2015 30 JAN	£177,000	£189,588	7% below HPI
2008 5 DEC	£194,950	£196,781	1% below HPI

5 OWLS GATE 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 three 5 OWLS GATE sales between December 2008 and March 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 January 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2016 sale, which was also at 7% below the HPI.

What might 5 OWLS GATE be worth now?

5 OWLS GATE might now be worth an estimated £324,445.

This is based on house price inflation of 75.4%, between March 2016 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 75.4% inflationary increase is applied to the most recent sale price for 5 OWLS GATE of £185,000 on 3rd March 2016. For the value to have increased from £185,000 to £324,445 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 5 OWLS GATE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OWLS GATE has not materially changed since March 2016.

How Large is 5 OWLS GATE?

5 OWLS GATE is 66m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 5 OWLS GATE lies on this distribution: 4% of detached houses houses are smaller than 5 OWLS GATE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lees.

5 OWLS GATE: Plot and Title Map

5 OWLS GATE sits on a plot of roughly 2.6 acres, or 10,654m². The below map shows the location of 5 OWLS GATE, 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 OWLS GATE). 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 OWLS GATE?

5 OWLS GATE is located in LEES, in the OL4 postcode district. The below map shows the position of No. 5 on OWLS GATE.