2, LANE MEADOW, SHAW, OLDHAM, OL2 7BL - £137,000

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 LANE MEADOW is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £137,000 in October 2003, which was around 12% above the average October 2003 detached price in the Oldham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 LANE MEADOW Sold Prices

Land registry data shows two sales for 2 LANE MEADOW 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 LANE MEADOW 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
2003 10 OCT	£137,000	£122,333	12% above HPI
1999 26 FEB	£84,995	£75,191	13% above HPI

2 LANE MEADOW 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 LANE MEADOW sales from February 1999 and October 2003 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 February 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2003 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 LANE MEADOW?

2 LANE MEADOW is 96m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses by size in Shaw, and where 2 LANE MEADOW lies on this distribution: 38% of detached houses are smaller than 2 LANE MEADOW, and 62% of houses are larger. Note that EPC data is not available for all properties in Shaw.

2 LANE MEADOW: Plot and Title Map

2 LANE MEADOW sits on a plot of roughly 0.518 of an acre, or 2,096m². The below map shows the location of 2 LANE MEADOW, 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 LANE MEADOW). 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 LANE MEADOW?

2 LANE MEADOW is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 2 on LANE MEADOW.