33, SUMMERSHADES LANE, GRASSCROFT, OLDHAM, OL4 4ED - £425,000

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

33 SUMMERSHADES LANE is a large detached house of 157m², built sometime between 1950 and 1966. It was last sold for £425,000 in October 2016, which was around 103% above the average October 2016 detached price in the Oldham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

33 SUMMERSHADES LANE Sold Prices

Land registry data shows two sales for 33 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 33 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
2016 31 OCT	£425,000	£209,859	103% above HPI
2010 16 AUG	£365,000	£200,311	82% above HPI

33 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 33 SUMMERSHADES LANE sales from August 2010 and October 2016 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 August 2010 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the October 2016 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 33 SUMMERSHADES LANE?

33 SUMMERSHADES LANE is 157m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 33 SUMMERSHADES LANE lies on this distribution: 62% of detached houses are smaller than 33 SUMMERSHADES LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

33 SUMMERSHADES LANE: Plot and Title Map

33 SUMMERSHADES LANE sits on a plot of roughly 0.206 of an acre, or 836m². The below map shows the location of 33 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 33 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 33 SUMMERSHADES LANE?

33 SUMMERSHADES LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 33 on SUMMERSHADES LANE.