2, OAKWELL DRIVE, BURY, BL9 8LB - £387,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 OAKWELL DRIVE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £387,000 in April 2022, which was around 6% above the average April 2022 detached price in the Bury local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

2 OAKWELL DRIVE Sold Prices

Land registry data shows three sales for 2 OAKWELL 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 Bury local authority area for the corresponding sale date. The three 2 OAKWELL DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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 11 APR	£387,000	£363,623	6% above HPI
2019 7 JAN	£285,000	£284,956	Close to HPI
2017 10 MAR	£182,000	£249,775	27% below HPI

2 OAKWELL 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 three 2 OAKWELL DRIVE sales between March 2017 and April 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 January 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 OAKWELL DRIVE be worth now?

2 OAKWELL DRIVE might now be worth an estimated £419,078.

This is based on house price inflation of 8.3%, between April 2022 and December 2024, 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 8.3% inflationary increase is applied to the most recent sale price for 2 OAKWELL DRIVE of £387,000 on 11th April 2022. For the value to have increased from £387,000 to £419,078 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 2 OAKWELL DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The April 2022 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWELL DRIVE has not materially changed since April 2022.

How Large is 2 OAKWELL DRIVE?

2 OAKWELL DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses houses in Bury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bury, and where 2 OAKWELL DRIVE lies on this distribution: 32% of detached houses houses are smaller than 2 OAKWELL DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bury.

2 OAKWELL DRIVE: Plot and Title Map

2 OAKWELL DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 OAKWELL 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 OAKWELL 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 OAKWELL DRIVE?

2 OAKWELL DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 2 on OAKWELL DRIVE.