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 EMERALD DRIVE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £310,000 in July 2023, which was around 6% below the average July 2023 detached price in the Oldham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 EMERALD DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The five 2 EMERALD DRIVE sales were a mix of below the average price, roughly equal to the average price, and above 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 |
---|---|---|---|
2023 14 JUL | £310,000 | £328,571 | 6% below HPI |
2019 7 JAN | £230,000 | £235,099 | 2% below HPI |
2016 24 NOV | £210,000 | £209,522 | Close to HPI |
2007 18 MAY | £222,000 | £202,889 | 9% above HPI |
2003 18 JUL | £152,995 | £116,008 | 32% above HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The five 2 EMERALD DRIVE sales between July 2003 and July 2023 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 January 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
2 EMERALD DRIVE is 109m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 2 EMERALD DRIVE lies on this distribution: 58% of detached houses are smaller than 2 EMERALD DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Oldham.
2 EMERALD DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 EMERALD 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 EMERALD 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.
2 EMERALD DRIVE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 2 on EMERALD DRIVE.