7, LOW GROVE LANE, GREENFIELD, OLDHAM, OL3 7LA - £660,000

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

7 LOW GROVE LANE is a large extended detached house of 193m², built sometime between 1996 and 2002. It was last sold for £660,000 in November 2023, which was around 98% above the average November 2023 detached price in the Oldham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 LOW GROVE LANE Sold Prices

Land registry data shows three sales for 7 LOW GROVE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 7 LOW GROVE 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
2023 17 NOV	£660,000	£332,709	98% above HPI
2010 8 NOV	£317,275	£193,876	64% above HPI
1999 3 SEP	£165,000	£79,599	107% above HPI

7 LOW GROVE 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 three 7 LOW GROVE LANE sales between September 1999 and November 2023 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 2010 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the November 2023 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 7 LOW GROVE LANE?

7 LOW GROVE LANE is 193m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 7 LOW GROVE LANE lies on this distribution: 78% of detached houses are smaller than 7 LOW GROVE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

7 LOW GROVE LANE: Plot and Title Map

7 LOW GROVE LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 LOW GROVE 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 LOW GROVE 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 7 LOW GROVE LANE?

7 LOW GROVE LANE is located in GREENFIELD, in the OL3 postcode district. The below map shows the position of No. 7 on LOW GROVE LANE.