32, OAKWELL DRIVE, BURY, BL9 8LB - £349,000

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

32 OAKWELL DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £349,000 in October 2022, which was around 14% below the average October 2022 detached price in the Bury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

32 OAKWELL DRIVE Sold Prices

Land registry data shows four sales for 32 OAKWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bury local authority area for the corresponding sale date. All of the four 32 OAKWELL 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
2022 24 OCT	£349,000	£405,192	14% below HPI
2007 19 NOV	£228,000	£243,217	6% below HPI
1998 24 JUL	£81,000	£85,510	5% below HPI
1995 24 MAR	£72,000	£75,495	5% below HPI

32 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 four 32 OAKWELL DRIVE sales between March 1995 and October 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 November 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 32 OAKWELL DRIVE?

32 OAKWELL DRIVE is 71m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Bury, based on EPC data. The below chart shows the distribution of detached houses by size in Bury, and where 32 OAKWELL DRIVE lies on this distribution: 7% of detached houses are smaller than 32 OAKWELL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bury.

32 OAKWELL DRIVE: Plot and Title Map

32 OAKWELL DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 32 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 32 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 32 OAKWELL DRIVE?

32 OAKWELL DRIVE is located in BURY, in the BL9 postcode district. The below map shows the position of No. 32 on OAKWELL DRIVE.