6, SORREL WAY, OLDHAM, OL4 2QW - £165,000

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

6 SORREL WAY is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £165,000 in May 2015, which was around 14% below the average May 2015 detached price in the Oldham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

6 SORREL WAY Sold Prices

Land registry data shows three sales for 6 SORREL 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 6 SORREL WAY 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
2015 8 MAY	£165,000	£191,173	14% below HPI
2007 21 DEC	£180,000	£217,813	17% below HPI
1998 28 AUG	£74,995	£76,507	2% below HPI

6 SORREL 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 6 SORREL WAY sales between August 1998 and May 2015 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 December 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 6 SORREL WAY?

6 SORREL WAY is 78m² according to the EPC inspection conducted in September 2014. 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 6 SORREL WAY lies on this distribution: 15% of detached houses are smaller than 6 SORREL WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Oldham.

6 SORREL WAY: Plot and Title Map

6 SORREL WAY sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 6 SORREL 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 6 SORREL 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 6 SORREL WAY?

6 SORREL WAY is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 6 on SORREL WAY.