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
2 MELFORD GROVE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £200,000 in January 2008, which was around 7% below the average January 2008 detached price in the Oldham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 MELFORD GROVE since 1st 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. One of the two 2 MELFORD GROVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2008 23 JAN | £200,000 | £213,924 | 7% below HPI |
1998 18 SEP | £99,950 | £76,267 | 31% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 2 MELFORD GROVE sales from September 1998 and January 2008 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 September 1998 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2008 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
2 MELFORD GROVE is 120m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 2 MELFORD GROVE lies on this distribution: 72% of detached houses are smaller than 2 MELFORD GROVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Oldham.
2 MELFORD GROVE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 2 MELFORD GROVE, 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 MELFORD GROVE). 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.
2 MELFORD GROVE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 2 on MELFORD GROVE.