68, RAKEWOOD DRIVE, OLDHAM, OL4 2NP - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

68 RAKEWOOD DRIVE is a very small detached house of 53m², built sometime between 1976 and 1982. It was last sold for £180,000 in July 2021, which was around 37% below the average July 2021 detached price in the Oldham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

68 RAKEWOOD DRIVE Sold Prices

Land registry data shows four sales for 68 RAKEWOOD 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 Oldham local authority area for the corresponding sale date. Most of the four 68 RAKEWOOD 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 29 JUL	£180,000	£284,310	37% below HPI
2002 9 DEC	£112,500	£106,536	6% above HPI
1997 11 JUL	£70,950	£73,447	3% below HPI
1996 3 MAY	£59,995	£68,685	13% below HPI

68 RAKEWOOD 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 four 68 RAKEWOOD DRIVE sales between May 1996 and July 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 December 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 68 RAKEWOOD DRIVE?

68 RAKEWOOD DRIVE is 53m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 68 RAKEWOOD DRIVE lies on this distribution: 1% of detached houses are smaller than 68 RAKEWOOD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Oldham.

68 RAKEWOOD DRIVE: Plot and Title Map

68 RAKEWOOD DRIVE sits on a plot of roughly 8.3 acres, or 33,751m². The below map shows the location of 68 RAKEWOOD 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 68 RAKEWOOD 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 68 RAKEWOOD DRIVE?

68 RAKEWOOD DRIVE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 68 on RAKEWOOD DRIVE.