38, CHEPSTOW DRIVE, OLDHAM, OL1 4TF - £107,000

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

38 CHEPSTOW DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £107,000 in August 2004, which was around 30% below the average August 2004 detached price in the Oldham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

38 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 38 CHEPSTOW 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 38 CHEPSTOW 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
2004 2 AUG	£107,000	£152,497	30% below HPI
2001 5 OCT	£57,950	£90,280	36% below HPI

38 CHEPSTOW 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 38 CHEPSTOW DRIVE sales from October 2001 and August 2004 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 October 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2004 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 CHEPSTOW DRIVE?

38 CHEPSTOW DRIVE is 74m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 38 CHEPSTOW DRIVE lies on this distribution: 10% of detached houses are smaller than 38 CHEPSTOW DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Oldham.

38 CHEPSTOW DRIVE: Plot and Title Map

38 CHEPSTOW DRIVE sits on a plot of roughly 8.4 acres, or 33,863m². The below map shows the location of 38 CHEPSTOW 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 38 CHEPSTOW 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 38 CHEPSTOW DRIVE?

38 CHEPSTOW DRIVE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 38 on CHEPSTOW DRIVE.