2, HUTCHINS LANE, OLDHAM, OL4 2RF - £255,000

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

2 HUTCHINS LANE is a large detached house of 114m², built sometime between 1996 and 2002. It was last sold for £255,000 in July 2020, which was around 2% above the average July 2020 detached price in the Oldham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 HUTCHINS LANE Sold Prices

Land registry data shows three sales for 2 HUTCHINS 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. Two of the three 2 HUTCHINS LANE sales were for above the average price, whilst one was for below 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
2020 17 JUL	£255,000	£251,147	2% above HPI
2017 15 DEC	£202,000	£225,913	11% below HPI
2001 12 OCT	£124,950	£90,280	38% above HPI

2 HUTCHINS 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 2 HUTCHINS LANE sales between October 2001 and July 2020 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 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 HUTCHINS LANE?

2 HUTCHINS LANE is 114m² according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 2 HUTCHINS LANE lies on this distribution: 65% of detached houses are smaller than 2 HUTCHINS LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Oldham.

2 HUTCHINS LANE: Plot and Title Map

2 HUTCHINS LANE sits on a plot of roughly 6.9 acres, or 27,728m². The below map shows the location of 2 HUTCHINS 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 2 HUTCHINS 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 2 HUTCHINS LANE?

2 HUTCHINS LANE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 2 on HUTCHINS LANE.