15, MEADOW LANE, OLDHAM, OL8 3AQ - £173,000

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 MEADOW LANE is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £173,000 in February 2019, which was around 25% below the average February 2019 detached price in the Oldham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

15 MEADOW LANE Sold Prices

Land registry data shows four sales for 15 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Most of the four 15 MEADOW 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
2019 25 FEB	£173,000	£230,729	25% below HPI
2000 17 NOV	£100,000	£82,452	21% above HPI
1999 21 JUL	£89,950	£74,717	20% above HPI
1996 1 AUG	£81,000	£71,937	13% above HPI

15 MEADOW 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 four 15 MEADOW LANE sales between August 1996 and February 2019 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 November 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 MEADOW LANE?

15 MEADOW LANE is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 15 MEADOW LANE lies on this distribution: 28% of detached houses are smaller than 15 MEADOW LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Oldham.

15 MEADOW LANE: Plot and Title Map

15 MEADOW LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 15 MEADOW 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 MEADOW 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 MEADOW LANE?

15 MEADOW LANE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 15 on MEADOW LANE.