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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 SUMMERSHADES LANE is a large detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £627,920. It was last sold for £325,000 in July 2013, which was around 81% 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	£179,850	81% above HPI
1998 30 APR	£149,000	£74,052	101% 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 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the July 2013 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 22 SUMMERSHADES LANE be worth now?

22 SUMMERSHADES LANE might now be worth an estimated £627,920.

This is based on house price inflation of 93.2%, between July 2013 and December 2024, 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 93.2% inflationary increase is applied to the most recent sale price for 22 SUMMERSHADES LANE of £325,000 on 5th July 2013. For the value to have increased from £325,000 to £627,920 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 22 SUMMERSHADES LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The July 2013 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SUMMERSHADES LANE has not materially changed since July 2013.

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 houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grasscroft, and where 22 SUMMERSHADES LANE lies on this distribution: 77% of detached houses houses are smaller than 22 SUMMERSHADES LANE, and 22% 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.