15, OAKWAY, MIDDLETON, MANCHESTER, M24 6TD - £198,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 OAKWAY is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £341,056. It was last sold for £198,000 in April 2017, which was around 2% below the average April 2017 detached price in the Rochdale local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

15 OAKWAY Sold Prices

Land registry data shows five sales for 15 OAKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. The five 15 OAKWAY sales were a mix of below the average price, roughly equal to the average price, and 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
2017 28 APR	£198,000	£201,851	2% below HPI
2011 28 JAN	£162,000	£178,346	9% below HPI
2007 2 NOV	£175,000	£210,116	17% below HPI
2001 21 SEP	£94,995	£94,639	Close to HPI
1996 29 NOV	£81,550	£71,384	14% above HPI

15 OAKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The five 15 OAKWAY sales between November 1996 and April 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 January 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 15 OAKWAY be worth now?

15 OAKWAY might now be worth an estimated £341,056.

This is based on house price inflation of 72.3%, between April 2017 and February 2025, for detached houses, in the Rochdale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 15 OAKWAY of £198,000 on 28th April 2017. For the value to have increased from £198,000 to £341,056 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 15 OAKWAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The April 2017 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKWAY has not materially changed since April 2017.

How Large is 15 OAKWAY?

15 OAKWAY is 80m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middleton, and where 15 OAKWAY lies on this distribution: 17% of detached houses houses are smaller than 15 OAKWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Middleton.

15 OAKWAY: Plot and Title Map

15 OAKWAY sits on a plot of roughly 1.5 acres, or 5,949m². The below map shows the location of 15 OAKWAY, 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 15 OAKWAY). 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 15 OAKWAY?

15 OAKWAY is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 15 on OAKWAY.