28, BURNEDGE LANE, GRASSCROFT, OLDHAM, OL4 4EA - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 BURNEDGE LANE is a very small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £456,294. It was last sold for £330,000 in November 2020, which was around 97% above the average November 2020 semi-detached price in the Oldham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

28 BURNEDGE LANE Sold Prices

Land registry data shows three sales for 28 BURNEDGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. All of the three 28 BURNEDGE 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
2020 13 NOV	£330,000	£167,871	97% above HPI
2018 9 MAR	£240,000	£137,000	75% above HPI
2006 11 SEP	£165,000	£123,424	34% above HPI

28 BURNEDGE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The three 28 BURNEDGE LANE sales between September 2006 and November 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 March 2018 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the November 2020 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 28 BURNEDGE LANE be worth now?

28 BURNEDGE LANE might now be worth an estimated £456,294.

This is based on house price inflation of 38.3%, between November 2020 and February 2025, for semi-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 38.3% inflationary increase is applied to the most recent sale price for 28 BURNEDGE LANE of £330,000 on 13th November 2020. For the value to have increased from £330,000 to £456,294 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 BURNEDGE LANE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The November 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BURNEDGE LANE has not materially changed since November 2020.

How Large is 28 BURNEDGE LANE?

28 BURNEDGE LANE is 84m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in Grasscroft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grasscroft, and where 28 BURNEDGE LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 28 BURNEDGE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

28 BURNEDGE LANE: Plot and Title Map

28 BURNEDGE LANE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 28 BURNEDGE 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 28 BURNEDGE 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 28 BURNEDGE LANE?

28 BURNEDGE LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 28 on BURNEDGE LANE.