2, OAKLANDS DRIVE, PRESTWICH, MANCHESTER, M25 1LJ - £193,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OAKLANDS DRIVE is a very small extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £336,478. It was last sold for £193,000 in March 2015, which was around 14% below the average March 2015 detached price in the Bury local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 OAKLANDS DRIVE Sold Prices

Land registry data shows two sales for 2 OAKLANDS 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 Bury local authority area for the corresponding sale date. Both of the two 2 OAKLANDS 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
2015 6 MAR	£193,000	£223,823	14% below HPI
2013 20 SEP	£94,000	£207,592	55% below HPI

2 OAKLANDS 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 two 2 OAKLANDS DRIVE sales from September 2013 and March 2015 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 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 OAKLANDS DRIVE be worth now?

2 OAKLANDS DRIVE might now be worth an estimated £336,478.

This is based on house price inflation of 74.3%, between March 2015 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.3% inflationary increase is applied to the most recent sale price for 2 OAKLANDS DRIVE of £193,000 on 6th March 2015. For the value to have increased from £193,000 to £336,478 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 2 OAKLANDS DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The March 2015 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKLANDS DRIVE has not materially changed since March 2015.

How Large is 2 OAKLANDS DRIVE?

2 OAKLANDS DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 2 OAKLANDS DRIVE lies on this distribution: 19% of detached houses houses are smaller than 2 OAKLANDS DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 OAKLANDS DRIVE: Plot and Title Map

2 OAKLANDS DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 OAKLANDS 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 OAKLANDS 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 OAKLANDS DRIVE?

2 OAKLANDS DRIVE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on OAKLANDS DRIVE.