71, CLOUGH LANE, GRASSCROFT, OLDHAM, OL4 4EZ - £205,000

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.

71 CLOUGH LANE is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £416,117. 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.

71 CLOUGH LANE Sold Prices

Land registry data shows three sales for 71 CLOUGH 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. 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	£178,155	15% above HPI
2001 22 MAR	£80,000	£83,405	4% below HPI
1997 25 JUN	£80,000	£72,864	10% above HPI

71 CLOUGH 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 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 4% below the HPI. So the extrapolation line tracks at 4% 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.

What might 71 CLOUGH LANE be worth now?

71 CLOUGH LANE might now be worth an estimated £416,117.

This is based on house price inflation of 103%, between May 2006 and February 2025, for 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 103% inflationary increase is applied to the most recent sale price for 71 CLOUGH LANE of £205,000 on 12th May 2006. For the value to have increased from £205,000 to £416,117 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 71 CLOUGH LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The May 2006 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 71 CLOUGH LANE has not materially changed since May 2006.

How Large is 71 CLOUGH LANE?

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 houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grasscroft, and where 71 CLOUGH LANE lies on this distribution: 3% of detached houses 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: Plot and Title Map

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.

Where is 71 CLOUGH LANE?

71 CLOUGH LANE is located in GRASSCROFT, in the OL4 postcode district. The below map shows the position of No. 71 on CLOUGH LANE.