2, IRK VALE DRIVE, CHADDERTON, OLDHAM, OL1 2TW - £420,000

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

2 IRK VALE DRIVE is a very large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £420,000 in July 2019, which was around 77% above the average July 2019 detached price in the Oldham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

2 IRK VALE DRIVE Sold Prices

Land registry data shows two sales for 2 IRK VALE 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 IRK VALE DRIVE sales were for 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
2019 26 JUL	£420,000	£237,015	77% above HPI
2014 29 AUG	£370,000	£194,438	90% above HPI

2 IRK VALE 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 IRK VALE DRIVE sales from August 2014 and July 2019 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 August 2014 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the July 2019 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 2 IRK VALE DRIVE?

2 IRK VALE DRIVE is 165m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses by size in Chadderton, and where 2 IRK VALE DRIVE lies on this distribution: 95% of detached houses are smaller than 2 IRK VALE DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

2 IRK VALE DRIVE: Plot and Title Map

2 IRK VALE DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 2 IRK VALE 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 IRK VALE 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 IRK VALE DRIVE?

2 IRK VALE DRIVE is located in CHADDERTON, in the OL1 postcode district. The below map shows the position of No. 2 on IRK VALE DRIVE.