CROFT COTTAGE, CLOUGH LANE, GRASSCROFT, OLDHAM, OL4 4EW - £203,000

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

CROFT COTTAGE is a midsized detached house of 148m², built sometime before 1900, which could now be worth an estimated £779,803. It was last sold for £203,000 in November 2001, which was around 124% above the average November 2001 detached price in the Oldham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

CROFT COTTAGE Sold Prices

Land registry data shows two sales for CROFT COTTAGE 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 CROFT COTTAGE 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
2001 19 NOV	£203,000	£90,457	124% above HPI
2000 4 AUG	£172,500	£81,640	111% above HPI

CROFT COTTAGE 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 CROFT COTTAGE sales from August 2000 and November 2001 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 2000 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the November 2001 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might CROFT COTTAGE be worth now?

CROFT COTTAGE might now be worth an estimated £779,803.

This is based on house price inflation of 284.1%, between November 2001 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 284.1% inflationary increase is applied to the most recent sale price for CROFT COTTAGE of £203,000 on 19th November 2001. For the value to have increased from £203,000 to £779,803 over the 22 years and eleven months to December 2024, the following assumptions must hold true:

• The value of CROFT COTTAGE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The November 2001 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of CROFT COTTAGE has not materially changed since November 2001.

How Large is CROFT COTTAGE?

CROFT COTTAGE is 148m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% 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 CROFT COTTAGE lies on this distribution: 57% of detached houses houses are smaller than CROFT COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Grasscroft.

CROFT COTTAGE: Plot and Title Map

CROFT COTTAGE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of CROFT COTTAGE, 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 CROFT COTTAGE). 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 CROFT COTTAGE?

CROFT COTTAGE is located on CLOUGH LANE in GRASSCROFT, in the OL4 postcode district. The below map shows the position of CROFT COTTAGE on CLOUGH LANE.