9, LANE DRIVE, GROTTON, OLDHAM, OL4 5QZ - £490,000

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

9 LANE DRIVE is a large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £591,660. It was last sold for £490,000 in August 2021, which was around 70% above the average August 2021 detached price in the Oldham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

9 LANE DRIVE Sold Prices

Land registry data shows three sales for 9 LANE DRIVE 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 9 LANE DRIVE 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
2021 20 AUG	£490,000	£287,776	70% above HPI
2012 21 AUG	£345,000	£181,196	90% above HPI
2007 27 APR	£230,000	£199,221	15% above HPI

9 LANE DRIVE 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 9 LANE DRIVE sales between April 2007 and August 2021 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 August 2012 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2021 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 9 LANE DRIVE be worth now?

9 LANE DRIVE might now be worth an estimated £591,660.

This is based on house price inflation of 20.7%, between August 2021 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 20.7% inflationary increase is applied to the most recent sale price for 9 LANE DRIVE of £490,000 on 20th August 2021. For the value to have increased from £490,000 to £591,660 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 9 LANE DRIVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The August 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LANE DRIVE has not materially changed since August 2021.

How Large is 9 LANE DRIVE?

9 LANE DRIVE is 137m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 9 LANE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 9 LANE DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lees.

9 LANE DRIVE: Plot and Title Map

9 LANE DRIVE sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of 9 LANE DRIVE, 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 9 LANE DRIVE). 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 9 LANE DRIVE?

9 LANE DRIVE is located in GROTTON, in the OL4 postcode district. The below map shows the position of No. 9 on LANE DRIVE.