50, RAVENOAK DRIVE, FAILSWORTH, MANCHESTER, M35 9RQ - £188,000

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

50 RAVENOAK DRIVE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £188,000 in October 2020, which was around 28% below the average October 2020 detached price in the Oldham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

50 RAVENOAK DRIVE Sold Prices

Land registry data shows three sales for 50 RAVENOAK 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 Oldham local authority area for the corresponding sale date. All of the three 50 RAVENOAK 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
2020 26 OCT	£188,000	£262,652	28% below HPI
2017 24 NOV	£153,000	£229,823	33% below HPI
1996 28 JUN	£63,950	£70,671	10% below HPI

50 RAVENOAK 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 three 50 RAVENOAK DRIVE sales between June 1996 and October 2020 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 50 RAVENOAK DRIVE?

50 RAVENOAK DRIVE is 74m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 50 RAVENOAK DRIVE lies on this distribution: 12% of detached houses are smaller than 50 RAVENOAK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

50 RAVENOAK DRIVE: Plot and Title Map

50 RAVENOAK DRIVE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 50 RAVENOAK 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 50 RAVENOAK 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 50 RAVENOAK DRIVE?

50 RAVENOAK DRIVE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 50 on RAVENOAK DRIVE.