1, HOLT LANE MEWS, FAILSWORTH, MANCHESTER, M35 9QH - £257,000

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.

1 HOLT LANE MEWS is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £471,307. It was last sold for £257,000 in November 2015, which was around 30% above the average November 2015 detached price in the Oldham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

1 HOLT LANE MEWS Sold Prices

Land registry data shows two sales for 1 HOLT LANE MEWS 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 1 HOLT LANE MEWS 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
2015 10 NOV	£257,000	£197,192	30% above HPI
2004 16 JAN	£172,000	£124,995	38% above HPI

1 HOLT LANE MEWS 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 1 HOLT LANE MEWS sales from January 2004 and November 2015 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 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 HOLT LANE MEWS be worth now?

1 HOLT LANE MEWS might now be worth an estimated £471,307.

This is based on house price inflation of 83.4%, between November 2015 and February 2025, 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 83.4% inflationary increase is applied to the most recent sale price for 1 HOLT LANE MEWS of £257,000 on 10th November 2015. For the value to have increased from £257,000 to £471,307 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 HOLT LANE MEWS has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2015 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLT LANE MEWS has not materially changed since November 2015.

How Large is 1 HOLT LANE MEWS?

1 HOLT LANE MEWS is 88m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Failsworth, and where 1 HOLT LANE MEWS lies on this distribution: 26% of detached houses houses are smaller than 1 HOLT LANE MEWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

1 HOLT LANE MEWS: Plot and Title Map

1 HOLT LANE MEWS sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 1 HOLT LANE MEWS, 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 1 HOLT LANE MEWS). 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 1 HOLT LANE MEWS?

1 HOLT LANE MEWS is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 1 on HOLT LANE MEWS.