16, OGWEN DRIVE, PRESTWICH, MANCHESTER, M25 1LH - £300,000

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

16 OGWEN DRIVE is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £300,000 in February 2024, which was around 25% below the average February 2024 detached price in the Bury local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

16 OGWEN DRIVE Sold Prices

Land registry data shows three sales for 16 OGWEN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the three 16 OGWEN 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 27 FEB	£300,000	£399,280	25% below HPI
2020 10 FEB	£235,000	£305,350	23% below HPI
2002 31 OCT	£80,100	£138,579	42% below HPI

16 OGWEN 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 three 16 OGWEN DRIVE sales between October 2002 and February 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 February 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 OGWEN DRIVE?

16 OGWEN DRIVE is 81m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 16 OGWEN DRIVE lies on this distribution: 11% of detached houses are smaller than 16 OGWEN DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

16 OGWEN DRIVE: Plot and Title Map

16 OGWEN DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 16 OGWEN 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 OGWEN 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 OGWEN DRIVE?

16 OGWEN DRIVE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 16 on OGWEN DRIVE.