7, BURNEDGE LANE, GRASSCROFT, OLDHAM, OL4 4EA - £392,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 BURNEDGE LANE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £658,607. It was last sold for £392,500 in October 2017, which was around 75% above the average October 2017 detached price in the Oldham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was B.

7 BURNEDGE LANE Sold Prices

Land registry data shows one sale for 7 BURNEDGE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oldham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 OCT	£392,500	£223,791	75% above HPI

What might 7 BURNEDGE LANE be worth now?

7 BURNEDGE LANE might now be worth an estimated £658,607.

This is based on house price inflation of 67.8%, between October 2017 and May 2026, 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 67.8% inflationary increase is applied to the most recent sale price for 7 BURNEDGE LANE of £392,500 on 27th October 2017. For the value to have increased from £392,500 to £658,607 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 7 BURNEDGE LANE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The October 2017 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BURNEDGE LANE has not materially changed since October 2017.

How Large is 7 BURNEDGE LANE?

7 BURNEDGE LANE is 65m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Grasscroft, based on EPC data. The below chart shows the distribution of detached houses by size in Grasscroft, and where 7 BURNEDGE LANE lies on this distribution: 1% of detached houses are smaller than 7 BURNEDGE LANE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Grasscroft.

7 BURNEDGE LANE: Plot

7 BURNEDGE LANE sits on a plot of roughly 0.970 of an acre, or 3,927m².

Where is 7 BURNEDGE LANE?

7 BURNEDGE LANE is located in GRASSCROFT, in the OL4 postcode district.