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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LANE BROW is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £311,500 in March 2013, which was around 73% 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	£179,948	73% above HPI
2006 31 MAR	£320,000	£178,872	79% above HPI
2003 4 JUL	£189,000	£116,008	63% 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 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the March 2013 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

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 in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 1 LANE BROW lies on this distribution: 20% of detached houses are smaller than 1 LANE BROW, and 80% 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 1.6 acres, or 6,629m². 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.