11, OLD LANE, AUSTERLANDS, OLDHAM, OL4 3QP - £146,000

11 OLD LANE is a very small extended semi-detached house of 60m², built sometime between 1983 and 1990. It was last sold for £146,000 in August 2017, which was around 33% below the average August 2017 detached price in the Oldham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

11 OLD LANE Sold Prices

Land registry data shows five sales for 11 OLD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the five 11 OLD LANE sales were for below 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
2017 8 AUG	£146,000	£218,207	33% below HPI
2006 15 JUN	£176,000	£184,489	5% below HPI
2004 25 JUN	£140,000	£142,981	2% below HPI
2000 27 OCT	£68,500	£82,806	17% below HPI
1998 26 JUN	£75,000	£76,067	1% below HPI

11 OLD LANE 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 five 11 OLD LANE sales between June 1998 and August 2017 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 June 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 OLD LANE?

11 OLD LANE is 60m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where 11 OLD LANE lies on this distribution: 2% of detached houses are smaller than 11 OLD LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lees.

11 OLD LANE: Plot and Title Map

11 OLD LANE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 11 OLD LANE, 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 11 OLD LANE). 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 11 OLD LANE?

11 OLD LANE is located in AUSTERLANDS, in the OL4 postcode district. The below map shows the position of No. 11 on OLD LANE.