1 Summershades Lane, Grasscroft, Oldham, OL4 4ED is a leasehold detached property built between 1950-1966. The property offers approximately 1,625 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £515,835 , which equates to approximately £317 per square foot. It was last sold on 11 Nov 2022 for £480,000. Since then, the value has increased by £35,835, representing a 7.5% increase, or approximately 2.4% per year.

The current estimated value of £515,835 is:

  • 14.1% lower than the average property price on Summershades Lane
  • 12.6% lower than the average in the OL4 4ED postcode area
  • and 176.0% higher than the average price for Oldham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 14 September 2021, the property was recorded as owner-occupied.

View sold house prices in OL4 4ED

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
1625 sq ft
Tenure
Leasehold
Price (estimate)
£515,835
Price Per sq ft (estimate)
£317
Bedroom Count (estimate)
5 bedrooms

EPC Summary

1 Summershades Lane, Grasscroft, Oldham, Greater Manchester, OL4 4ED has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Sep 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 65%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 25 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 65% of fixed outlets to low energy lighting in 87% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 87% of fixed outlets
Very Good

Compared to OL4 4ED

29 th / 31
Price Rank
13% lower than average
6 th / 21
Size Rank
14% bigger than average
19 th / 21
Price Per Sq FT Rank
23% lower than average

Compared to other properties in OL4 4ED , this bungalow's estimated value ranks 29th out of 31. Based on price per square foot, it ranks 19th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 21 properties in its postcode area.

Sale History

Today
£515,835
streetscan.co.uk estimate
+7 %
11 Nov 2022
£480,000
Leasehold
+95.9 %
24 Oct 2008
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1518 sq ft
sale price: £431,000
sale date: 30 Nov 2022
rooms: 6
size: 1432 sq ft
sale price: £430,000
sale date: 11 Nov 2019
rooms: 6
size: 1690 sq ft
sale price: £425,000
sale date: 31 Oct 2016
rooms: 6
size: 1496 sq ft
sale price: £132,500
sale date: 28 May 1999

Data Sources

The property at 1 Summershades Lane, Grasscroft, Oldham, OL4 4ED appears two times in the Land Registry records, with the latest transaction recorded on 11 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.