15, BURNEDGE LANE, GRASSCROFT, OLDHAM, OL4 4EA - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 BURNEDGE LANE is a small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2015, which was around 70% above the average May 2015 detached price in the Oldham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

15 BURNEDGE LANE Sold Prices

Land registry data shows three sales for 15 BURNEDGE LANE 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 15 BURNEDGE 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
2015 21 MAY	£325,000	£191,173	70% above HPI
2013 6 DEC	£380,000	£187,181	103% above HPI
1999 25 NOV	£105,000	£82,102	28% above HPI

15 BURNEDGE LANE 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 15 BURNEDGE LANE sales between November 1999 and May 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 December 2013 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the May 2015 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 15 BURNEDGE LANE?

15 BURNEDGE LANE is 115m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 15 BURNEDGE LANE lies on this distribution: 27% of detached houses are smaller than 15 BURNEDGE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

15 BURNEDGE LANE: Plot and Title Map

15 BURNEDGE LANE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 15 BURNEDGE 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 15 BURNEDGE 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 15 BURNEDGE LANE?

15 BURNEDGE LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 15 on BURNEDGE LANE.