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
128 LORD LANE is a large extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £285,000 in June 2023, which was around 13% below the average June 2023 detached price in the Oldham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 128 LORD LANE since 1st 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. One of the two 128 LORD LANE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2023 2 JUN | £285,000 | £327,397 | 13% below HPI |
2003 9 DEC | £182,000 | £124,147 | 47% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 128 LORD LANE sales from December 2003 and June 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 December 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
128 LORD LANE is 104m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 128 LORD LANE lies on this distribution: 60% of detached houses are smaller than 128 LORD LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Failsworth.
128 LORD LANE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 128 LORD 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 128 LORD 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.
128 LORD LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 128 on LORD LANE.