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
71 CLOUGH LANE is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £205,000 in May 2006, which was around 15% above the average May 2006 detached price in the Oldham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 71 CLOUGH LANE since 1st 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. Two of the three 71 CLOUGH LANE sales were for above the average price, whilst one was for below 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 |
---|---|---|---|
2006 12 MAY | £205,000 | £179,008 | 15% above HPI |
2001 22 MAR | £80,000 | £83,804 | 5% below HPI |
1997 25 JUN | £80,000 | £73,213 | 9% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 71 CLOUGH LANE sales between June 1997 and May 2006 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 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2006 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
71 CLOUGH LANE is 78m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 71 CLOUGH LANE lies on this distribution: 3% of detached houses are smaller than 71 CLOUGH LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.
71 CLOUGH LANE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 71 CLOUGH 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 71 CLOUGH 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.
71 CLOUGH LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 71 on CLOUGH LANE.