16, OLANYIAN DRIVE, MANCHESTER, M8 8YU - £200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 OLANYIAN DRIVE is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £200,000 in July 2024, which was around 54% below the average July 2024 detached price in the Manchester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

16 OLANYIAN DRIVE Sold Prices

Land registry data shows three sales for 16 OLANYIAN 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 Manchester local authority area for the corresponding sale date. All of the three 16 OLANYIAN 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 JUL	£200,000	£439,091	54% below HPI
2020 5 FEB	£185,000	£320,465	42% below HPI
2006 21 JUL	£146,995	£200,928	27% below HPI

16 OLANYIAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The three 16 OLANYIAN DRIVE sales between July 2006 and July 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 16 OLANYIAN DRIVE?

16 OLANYIAN DRIVE is 94m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 16 OLANYIAN DRIVE lies on this distribution: 33% of detached houses are smaller than 16 OLANYIAN DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Manchester.

16 OLANYIAN DRIVE: Plot and Title Map

16 OLANYIAN DRIVE sits on a plot of roughly 1.5 acres, or 6,117m². The below map shows the location of 16 OLANYIAN 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 OLANYIAN 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 OLANYIAN DRIVE?

16 OLANYIAN DRIVE is located in MANCHESTER, in the M8 postcode district. The below map shows the position of No. 16 on OLANYIAN DRIVE.