1, LANE BROW, GROTTON, OLDHAM, OL4 5RD - £311,500

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

1 LANE BROW is a very small detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £604,387. It was last sold for £311,500 in March 2013, which was around 74% above the average March 2013 detached price in the Oldham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

1 LANE BROW Sold Prices

Land registry data shows three sales for 1 LANE BROW 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 1 LANE BROW 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
2013 22 MAR	£311,500	£179,091	74% above HPI
2006 31 MAR	£320,000	£178,020	80% above HPI
2003 4 JUL	£189,000	£115,456	64% above HPI

1 LANE BROW 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 1 LANE BROW sales between July 2003 and March 2013 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 2006 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2013 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 1 LANE BROW be worth now?

1 LANE BROW might now be worth an estimated £604,387.

This is based on house price inflation of 94%, between March 2013 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 94% inflationary increase is applied to the most recent sale price for 1 LANE BROW of £311,500 on 22nd March 2013. For the value to have increased from £311,500 to £604,387 over the ten years and three months to December 2024, the following assumptions must hold true:

• The value of 1 LANE BROW has moved in line with the HPI for detached houses in the Oldham local authority area.
• The March 2013 sale price of £311,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LANE BROW has not materially changed since March 2013.

How Large is 1 LANE BROW?

1 LANE BROW is 90m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 1 LANE BROW lies on this distribution: 19% of detached houses houses are smaller than 1 LANE BROW, and 81% of houses are larger. Note that EPC data is not available for all properties in Lees.

1 LANE BROW: Plot and Title Map

1 LANE BROW sits on a plot of roughly 1.5 acres, or 5,907m². The below map shows the location of 1 LANE BROW, 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 LANE BROW). 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 LANE BROW?

1 LANE BROW is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 1 on LANE BROW.