2, WATERFIELD WAY, FAILSWORTH, MANCHESTER, M35 9GE - £320,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 WATERFIELD WAY is a very large extended detached house of 155m², built sometime between 1991 and 1995. It was last sold for £320,000 in April 2016, which was around 62% above the average April 2016 detached price in the Oldham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 WATERFIELD WAY Sold Prices

Land registry data shows three sales for 2 WATERFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three 2 WATERFIELD WAY 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
2016 15 APR	£320,000	£197,866	62% above HPI
2004 11 JUN	£242,950	£142,981	70% above HPI
2002 31 JUL	£163,000	£102,158	60% above HPI

2 WATERFIELD WAY 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 three 2 WATERFIELD WAY sales between July 2002 and April 2016 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 June 2004 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2016 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 2 WATERFIELD WAY?

2 WATERFIELD WAY is 155m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 2 WATERFIELD WAY lies on this distribution: 94% of detached houses are smaller than 2 WATERFIELD WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

2 WATERFIELD WAY: Plot and Title Map

2 WATERFIELD WAY sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 2 WATERFIELD WAY, 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 WATERFIELD WAY). 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 WATERFIELD WAY?

2 WATERFIELD WAY is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 2 on WATERFIELD WAY.