8, MELFORD GROVE, OLDHAM, OL4 3HH - £140,000

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

8 MELFORD GROVE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £140,000 in July 2013, which was around 23% below the average July 2013 detached price in the Oldham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

8 MELFORD GROVE Sold Prices

Land registry data shows four sales for 8 MELFORD GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The four 8 MELFORD GROVE sales were a mix of below the average price, and roughly equal to 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 31 JUL	£140,000	£180,711	23% below HPI
2006 8 JUN	£178,000	£184,489	4% below HPI
2002 26 JUL	£96,000	£102,158	6% below HPI
1998 16 OCT	£77,950	£77,775	Close to HPI

8 MELFORD GROVE 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 four 8 MELFORD GROVE sales between October 1998 and July 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 June 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 MELFORD GROVE?

8 MELFORD GROVE is 110m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 8 MELFORD GROVE lies on this distribution: 60% of detached houses are smaller than 8 MELFORD GROVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Oldham.

8 MELFORD GROVE: Plot and Title Map

8 MELFORD GROVE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 8 MELFORD GROVE, 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 MELFORD GROVE). 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 MELFORD GROVE?

8 MELFORD GROVE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 8 on MELFORD GROVE.