FERN COTTAGE, THORNLEY LANE, GROTTON, OLDHAM, OL4 5RP - £237,000

FERN COTTAGE is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £237,000 in August 2002, which was around 127% above the average August 2002 detached price in the Oldham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

FERN COTTAGE Sold Prices

Land registry data shows two sales for FERN 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 FERN 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
2002 6 AUG	£237,000	£104,397	127% above HPI
1995 4 OCT	£146,000	£68,502	113% above HPI

FERN 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 FERN COTTAGE sales from October 1995 and August 2002 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 October 1995 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the August 2002 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.

How Large is FERN COTTAGE?

FERN COTTAGE is 123m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Lees, and where FERN COTTAGE lies on this distribution: 54% of detached houses are smaller than FERN COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Lees.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on THORNLEY LANE in GROTTON, in the OL4 postcode district. The below map shows the position of FERN COTTAGE on THORNLEY LANE.