8, LOCKING GATE RISE, OLDHAM, OL4 2SP - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LOCKING GATE RISE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £320,000 in December 2023, which was around 4% below the average December 2023 detached price in the Oldham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

8 LOCKING GATE RISE Sold Prices

Land registry data shows two sales for 8 LOCKING GATE RISE 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 8 LOCKING GATE RISE 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
2023 14 DEC	£320,000	£332,305	4% below HPI
2002 6 MAR	£77,000	£93,901	18% below HPI

8 LOCKING GATE RISE 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 8 LOCKING GATE RISE sales from March 2002 and December 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 LOCKING GATE RISE?

8 LOCKING GATE RISE is 109m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 8 LOCKING GATE RISE lies on this distribution: 58% of detached houses are smaller than 8 LOCKING GATE RISE, and 41% of houses are larger. Note that EPC data is not available for all properties in Oldham.

8 LOCKING GATE RISE: Plot and Title Map

8 LOCKING GATE RISE sits on a plot of roughly 4.0 acres, or 16,076m². The below map shows the location of 8 LOCKING GATE RISE, 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 8 LOCKING GATE RISE). 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 8 LOCKING GATE RISE?

8 LOCKING GATE RISE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 8 on LOCKING GATE RISE.