15, SORREL WAY, OLDHAM, OL4 2QW - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 SORREL WAY is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £185,000 in November 2007, which was around 14% below the average November 2007 detached price in the Oldham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

15 SORREL WAY Sold Prices

Land registry data shows three sales for 15 SORREL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 15 SORREL WAY 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
2007 23 NOV	£185,000	£215,577	14% below HPI
2005 9 DEC	£165,000	£177,253	7% below HPI
1998 30 OCT	£69,995	£77,775	10% below HPI

15 SORREL WAY 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 three 15 SORREL WAY sales between October 1998 and November 2007 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 SORREL WAY?

15 SORREL WAY is 90m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 15 SORREL WAY lies on this distribution: 30% of detached houses are smaller than 15 SORREL WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Oldham.

15 SORREL WAY: Plot and Title Map

15 SORREL WAY sits on a plot of roughly 0.720 of an acre, or 2,914m². The below map shows the location of 15 SORREL WAY, 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 SORREL WAY). 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 SORREL WAY?

15 SORREL WAY is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 15 on SORREL WAY.