GRASSY KNOLL, RHODES HILL, LEES, OLDHAM, OL4 5EA - £550,000

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

GRASSY KNOLL is a large extended detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £575,135. It was last sold for £550,000 in December 2022, which was around 66% above the average December 2022 detached price in the Oldham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

GRASSY KNOLL Sold Prices

Land registry data shows two sales for GRASSY KNOLL 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 GRASSY KNOLL 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
2022 2 DEC	£550,000	£332,295	66% above HPI
2004 3 DEC	£249,950	£154,295	62% above HPI

GRASSY KNOLL 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 GRASSY KNOLL sales from December 2004 and December 2022 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 December 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the December 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might GRASSY KNOLL be worth now?

GRASSY KNOLL might now be worth an estimated £575,135.

This is based on house price inflation of 4.6%, between December 2022 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 4.6% inflationary increase is applied to the most recent sale price for GRASSY KNOLL of £550,000 on 2nd December 2022. For the value to have increased from £550,000 to £575,135 over the two years to December 2024, the following assumptions must hold true:

• The value of GRASSY KNOLL has moved in line with the HPI for detached houses in the Oldham local authority area.
• The December 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSY KNOLL has not materially changed since December 2022.

How Large is GRASSY KNOLL?

GRASSY KNOLL is 139m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 GRASSY KNOLL lies on this distribution: 69% of detached houses houses are smaller than GRASSY KNOLL, and 30% of houses are larger. Note that EPC data is not available for all properties in Lees.

GRASSY KNOLL: Plot and Title Map

GRASSY KNOLL sits on a plot of roughly 0.256 of an acre, or 1,038m². The below map shows the location of GRASSY KNOLL, 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 GRASSY KNOLL). 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 GRASSY KNOLL?

GRASSY KNOLL is located on RHODES HILL in LEES, in the OL4 postcode district. The below map shows the position of GRASSY KNOLL on RHODES HILL.