16, OAKWAY, MIDDLETON, MANCHESTER, M24 6TD - £156,000

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.

16 OAKWAY is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £306,967. It was last sold for £156,000 in March 2014, which was around 12% below the average March 2014 detached price in the Rochdale local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

16 OAKWAY Sold Prices

Land registry data shows two sales for 16 OAKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. Both of the two 16 OAKWAY 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
2014 7 MAR	£156,000	£176,695	12% below HPI
1996 19 DEC	£51,300	£70,989	28% below HPI

16 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 two 16 OAKWAY sales from December 1996 and March 2014 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 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 OAKWAY be worth now?

16 OAKWAY might now be worth an estimated £306,967.

This is based on house price inflation of 96.8%, between March 2014 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 96.8% inflationary increase is applied to the most recent sale price for 16 OAKWAY of £156,000 on 7th March 2014. For the value to have increased from £156,000 to £306,967 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 16 OAKWAY has moved in line with the HPI for detached houses in the Rochdale local authority area.
• The March 2014 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAKWAY has not materially changed since March 2014.

How Large is 16 OAKWAY?

16 OAKWAY is 76m² according to the EPC inspection conducted in February 2015. 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 16 OAKWAY lies on this distribution: 11% of detached houses houses are smaller than 16 OAKWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Middleton.

16 OAKWAY: Plot and Title Map

16 OAKWAY sits on a plot of roughly 1.5 acres, or 5,949m². The below map shows the location of 16 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 16 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 16 OAKWAY?

16 OAKWAY is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 16 on OAKWAY.