11, LOVERS LANE, GRASSCROFT, OLDHAM, OL4 4DP - £346,000

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.

11 LOVERS LANE is a small extended semi-detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £508,990. It was last sold for £346,000 in August 2020, which was around 119% above the average August 2020 semi-detached price in the Oldham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

11 LOVERS LANE Sold Prices

Land registry data shows four sales for 11 LOVERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the four 11 LOVERS LANE 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
2020 24 AUG	£346,000	£157,788	119% above HPI
2014 27 JUN	£270,000	£122,416	121% above HPI
2008 28 AUG	£270,000	£127,902	111% above HPI
2006 30 OCT	£288,000	£124,691	131% above HPI

11 LOVERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The four 11 LOVERS LANE sales between October 2006 and August 2020 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 June 2014 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the August 2020 sale, where it falls to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 11 LOVERS LANE be worth now?

11 LOVERS LANE might now be worth an estimated £508,990.

This is based on house price inflation of 47.1%, between August 2020 and February 2025, for semi-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 47.1% inflationary increase is applied to the most recent sale price for 11 LOVERS LANE of £346,000 on 24th August 2020. For the value to have increased from £346,000 to £508,990 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 11 LOVERS LANE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The August 2020 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LOVERS LANE has not materially changed since August 2020.

How Large is 11 LOVERS LANE?

11 LOVERS LANE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of semi-detached houses houses in Grasscroft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grasscroft, and where 11 LOVERS LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 11 LOVERS LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

11 LOVERS LANE: Plot and Title Map

11 LOVERS LANE sits on a plot of roughly 0.508 of an acre, or 2,057m². The below map shows the location of 11 LOVERS LANE, 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 11 LOVERS LANE). 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 11 LOVERS LANE?

11 LOVERS LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 11 on LOVERS LANE.