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
51 RAVENOAK DRIVE is a large extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £260,000 in August 2021, which was around 10% below the average August 2021 detached price in the Oldham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 51 RAVENOAK DRIVE since 1st 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 51 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 |
---|---|---|---|
2021 2 AUG | £260,000 | £289,154 | 10% below HPI |
2005 2 FEB | £139,000 | £159,719 | 13% below HPI |
1996 29 MAR | £64,450 | £69,223 | 7% below HPI |
The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The three 51 RAVENOAK DRIVE sales between March 1996 and August 2021 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 February 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
51 RAVENOAK DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 51 RAVENOAK DRIVE lies on this distribution: 78% of detached houses are smaller than 51 RAVENOAK DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Failsworth.
51 RAVENOAK DRIVE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 51 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 51 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.
51 RAVENOAK DRIVE is located in FAILSWORTH, in the M35 postcode district. The below map shows the position of No. 51 on RAVENOAK DRIVE.