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
7 LIME LANE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £247,500 in January 2013, which was around 40% above the average January 2013 detached price in the Oldham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 LIME LANE 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. Both of the two 7 LIME 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 18 JAN | £247,500 | £177,323 | 40% above HPI |
1995 24 NOV | £103,000 | £68,425 | 51% 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 7 LIME LANE sales from November 1995 and January 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 November 1995 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2013 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.
7 LIME LANE is 125m² according to the EPC inspection conducted in June 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 7 LIME LANE lies on this distribution: 78% of detached houses are smaller than 7 LIME LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Oldham.
7 LIME LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 7 LIME 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 7 LIME 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.
7 LIME LANE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 7 on LIME LANE.