16, OAKWELL DRIVE, BURY, BL9 8LB - £375,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 OAKWELL DRIVE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £375,000 in November 2024, which was around 10% below the average November 2024 detached price in the Bury local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

16 OAKWELL DRIVE Sold Prices

Land registry data shows two sales for 16 OAKWELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bury local authority area for the corresponding sale date. Both of the two 16 OAKWELL DRIVE 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
2024 5 NOV	£375,000	£414,999	10% below HPI
2015 27 OCT	£220,000	£241,949	9% below HPI

16 OAKWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 16 OAKWELL DRIVE sales from October 2015 and November 2024 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 October 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 OAKWELL DRIVE?

16 OAKWELL DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 16 OAKWELL DRIVE lies on this distribution: 44% of detached houses are smaller than 16 OAKWELL DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bury.

16 OAKWELL DRIVE: Plot and Title Map

16 OAKWELL DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 16 OAKWELL DRIVE, 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 OAKWELL DRIVE). 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 OAKWELL DRIVE?

16 OAKWELL DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 16 on OAKWELL DRIVE.