THE LAURELS, ARNCLIFFE RISE, OLDHAM, OL4 2LZ - £495,000

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

THE LAURELS is a very large extended detached house of 395m², built sometime between 1900 and 1929. It was last sold for £495,000 in December 2010, which was around 153% above the average December 2010 detached price in the Oldham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was D.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2010 13 DEC	£495,000	£195,731	153% above HPI
1999 19 AUG	£230,000	£77,553	197% above HPI

THE LAURELS 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 THE LAURELS sales from August 1999 and December 2010 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 1999 sale was for 197% above the HPI. So the extrapolation line tracks at 197% above the HPI over time, until the December 2010 sale, where it falls to 153% above the HPI. The line then continues to track at 153% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 395m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where THE LAURELS lies on this distribution: 99% of detached houses are smaller than THE LAURELS, and 1% of houses are larger. Note that EPC data is not available for all properties in Oldham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 1.3 acres, or 5,297m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on ARNCLIFFE RISE in OLDHAM, in the OL4 postcode district. The below map shows the position of THE LAURELS on ARNCLIFFE RISE.