2, GROTTON MEADOWS, GROTTON, OLDHAM, OL4 5RQ - £625,000

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.

2 GROTTON MEADOWS is a very large extended detached house of 270m², built sometime between 1976 and 1982, which could now be worth an estimated £1,037,138. It was last sold for £625,000 in July 2017, which was around 187% above the average July 2017 detached price in the Oldham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

2 GROTTON MEADOWS Sold Prices

Land registry data shows two sales for 2 GROTTON 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 2 GROTTON 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
2017 17 JUL	£625,000	£217,923	187% above HPI
2007 10 MAY	£525,000	£201,923	160% above HPI

2 GROTTON 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 2 GROTTON MEADOWS sales from May 2007 and July 2017 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 May 2007 sale was for 160% above the HPI. So the extrapolation line tracks at 160% above the HPI over time, until the July 2017 sale, where it rises to 187% above the HPI. The line then continues to track at 187% above the HPI.

What might 2 GROTTON MEADOWS be worth now?

2 GROTTON MEADOWS might now be worth an estimated £1,037,138.

This is based on house price inflation of 65.9%, between July 2017 and February 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 65.9% inflationary increase is applied to the most recent sale price for 2 GROTTON MEADOWS of £625,000 on 17th July 2017. For the value to have increased from £625,000 to £1,037,138 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 GROTTON MEADOWS has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2017 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROTTON MEADOWS has not materially changed since July 2017.

How Large is 2 GROTTON MEADOWS?

2 GROTTON MEADOWS is 270m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% 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 2 GROTTON MEADOWS lies on this distribution: 98% of detached houses houses are smaller than 2 GROTTON MEADOWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Lees.

2 GROTTON MEADOWS: Plot and Title Map

2 GROTTON MEADOWS sits on a plot of roughly 0.308 of an acre, or 1,245m². The below map shows the location of 2 GROTTON 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 2 GROTTON 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 2 GROTTON MEADOWS?

2 GROTTON MEADOWS is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 2 on GROTTON MEADOWS.