1A, THE MEADOWS, GROTTON, OLDHAM, OL4 4LR - £400,000

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.

1A THE MEADOWS is a midsized extended detached house of 126m², built sometime between 1967 and 1975, which could now be worth an estimated £435,184. It was last sold for £400,000 in December 2022, which was around 20% above the average December 2022 detached price in the Oldham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

1A THE MEADOWS Sold Prices

Land registry data shows two sales for 1A THE MEADOWS since 1^st 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. Both of the two 1A THE MEADOWS 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
2022 16 DEC	£400,000	£332,295	20% above HPI
2020 7 JAN	£288,000	£246,135	17% above HPI

1A THE MEADOWS 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 two 1A THE MEADOWS sales from January 2020 and December 2022 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 January 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1A THE MEADOWS be worth now?

1A THE MEADOWS might now be worth an estimated £435,184.

This is based on house price inflation of 8.8%, between December 2022 and March 2025, for 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 8.8% inflationary increase is applied to the most recent sale price for 1A THE MEADOWS of £400,000 on 16th December 2022. For the value to have increased from £400,000 to £435,184 over the three years and nine months to March 2025, the following assumptions must hold true:

• The value of 1A THE MEADOWS has moved in line with the HPI for detached houses in the Oldham local authority area.
• The December 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1A THE MEADOWS has not materially changed since December 2022.

How Large is 1A THE MEADOWS?

1A THE MEADOWS is 126m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 1A THE MEADOWS lies on this distribution: 58% of detached houses houses are smaller than 1A THE MEADOWS, and 41% of houses are larger. Note that EPC data is not available for all properties in Lees.

1A THE MEADOWS: Plot and Title Map

1A THE MEADOWS sits on a plot of roughly 7.4 acres, or 30,028m². The below map shows the location of 1A THE MEADOWS, 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 1A THE MEADOWS). 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 1A THE MEADOWS?

1A THE MEADOWS is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 1A on THE MEADOWS.