22, SUMMERSHADES LANE, GRASSCROFT, OLDHAM, OL4 4ED - £325,000

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

22 SUMMERSHADES LANE is a large detached house of 193m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2013, which was around 80% above the average July 2013 detached price in the Oldham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

22 SUMMERSHADES LANE Sold Prices

Land registry data shows two sales for 22 SUMMERSHADES LANE 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 22 SUMMERSHADES LANE 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
2013 5 JUL	£325,000	£180,711	80% above HPI
1998 30 APR	£149,000	£74,407	100% above HPI

22 SUMMERSHADES 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 two 22 SUMMERSHADES LANE sales from April 1998 and July 2013 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 April 1998 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the July 2013 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 22 SUMMERSHADES LANE?

22 SUMMERSHADES LANE is 193m² according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 22 SUMMERSHADES LANE lies on this distribution: 78% of detached houses are smaller than 22 SUMMERSHADES LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

22 SUMMERSHADES LANE: Plot and Title Map

22 SUMMERSHADES LANE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 22 SUMMERSHADES 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 22 SUMMERSHADES 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 22 SUMMERSHADES LANE?

22 SUMMERSHADES LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 22 on SUMMERSHADES LANE.