2, ELMWOOD DRIVE, ROYTON, OLDHAM, OL2 5XP - £250,000

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

2 ELMWOOD DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2022, which was around 20% below the average May 2022 detached price in the Oldham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 ELMWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 ELMWOOD 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 Oldham local authority area for the corresponding sale date. Both of the two 2 ELMWOOD 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
2022 6 MAY	£250,000	£313,299	20% below HPI
1996 6 SEP	£66,500	£72,195	8% below HPI

2 ELMWOOD DRIVE 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 two 2 ELMWOOD DRIVE sales from September 1996 and May 2022 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 September 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ELMWOOD DRIVE?

2 ELMWOOD DRIVE is 66m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Royton, based on EPC data. The below chart shows the distribution of detached houses by size in Royton, and where 2 ELMWOOD DRIVE lies on this distribution: 5% of detached houses are smaller than 2 ELMWOOD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Royton.

2 ELMWOOD DRIVE: Plot and Title Map

2 ELMWOOD DRIVE sits on a plot of roughly 6.6 acres, or 26,822m². The below map shows the location of 2 ELMWOOD 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 2 ELMWOOD 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 2 ELMWOOD DRIVE?

2 ELMWOOD DRIVE is located in ROYTON, in the OL2 postcode district. The below map shows the position of No. 2 on ELMWOOD DRIVE.