SOUTHMEAD, HORSFORTH LANE, GREENFIELD, OLDHAM, OL3 7HL - £390,000

SOUTHMEAD is a very large detached house of 194m², built sometime between 1967 and 1975. It was last sold for £390,000 in March 2016, which was around 96% above the average March 2016 detached price in the Oldham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

SOUTHMEAD Sold Prices

Land registry data shows two sales for SOUTHMEAD 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 SOUTHMEAD 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
2016 4 MAR	£390,000	£199,083	96% above HPI
1996 8 MAR	£110,000	£69,223	59% above HPI

SOUTHMEAD 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 SOUTHMEAD sales from March 1996 and March 2016 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 March 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2016 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is SOUTHMEAD?

SOUTHMEAD is 194m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Uppermill, based on EPC data. The below chart shows the distribution of detached houses by size in Uppermill, and where SOUTHMEAD lies on this distribution: 84% of detached houses are smaller than SOUTHMEAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Uppermill.

SOUTHMEAD: Plot and Title Map

SOUTHMEAD sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of SOUTHMEAD, 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 SOUTHMEAD). 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 SOUTHMEAD?

SOUTHMEAD is located on HORSFORTH LANE in GREENFIELD, in the OL3 postcode district. The below map shows the position of SOUTHMEAD on HORSFORTH LANE.