8, LANE BROW, GROTTON, OLDHAM, OL4 5RD - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LANE BROW is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £385,000 in January 2014, which was around 107% above the average January 2014 detached price in the Oldham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 LANE BROW Sold Prices

Land registry data shows two sales for 8 LANE BROW 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 8 LANE BROW 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
2014 31 JAN	£385,000	£186,104	107% above HPI
2006 9 JUN	£280,000	£183,610	52% above HPI

8 LANE BROW 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 8 LANE BROW sales from June 2006 and January 2014 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 June 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2014 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 8 LANE BROW be worth now?

8 LANE BROW might now be worth an estimated £718,846.

This is based on house price inflation of 86.7%, between January 2014 and December 2024, 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 86.7% inflationary increase is applied to the most recent sale price for 8 LANE BROW of £385,000 on 31st January 2014. For the value to have increased from £385,000 to £718,846 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 8 LANE BROW has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LANE BROW has not materially changed since January 2014.

How Large is 8 LANE BROW?

8 LANE BROW is 187m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses houses in Lees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lees, and where 8 LANE BROW lies on this distribution: 90% of detached houses houses are smaller than 8 LANE BROW, and 10% of houses are larger. Note that EPC data is not available for all properties in Lees.

8 LANE BROW: Plot and Title Map

8 LANE BROW sits on a plot of roughly 1.3 acres, or 5,093m². The below map shows the location of 8 LANE BROW, 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 8 LANE BROW). 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 8 LANE BROW?

8 LANE BROW is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 8 on LANE BROW.