69, RAKEWOOD DRIVE, OLDHAM, OL4 2NP - £279,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

69 RAKEWOOD DRIVE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £306,197. It was last sold for £279,950 in September 2023, which was around 15% below the average September 2023 detached price in the Oldham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

69 RAKEWOOD DRIVE Sold Prices

Land registry data shows two sales for 69 RAKEWOOD 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 69 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
2023 8 SEP	£279,950	£330,628	15% below HPI
2001 23 NOV	£82,500	£90,457	9% below HPI

69 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 two 69 RAKEWOOD DRIVE sales from November 2001 and September 2023 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 69 RAKEWOOD DRIVE be worth now?

69 RAKEWOOD DRIVE might now be worth an estimated £306,197.

This is based on house price inflation of 9.4%, between September 2023 and February 2025, for detached houses, in the Oldham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for 69 RAKEWOOD DRIVE of £279,950 on 8th September 2023. For the value to have increased from £279,950 to £306,197 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 69 RAKEWOOD DRIVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The September 2023 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 69 RAKEWOOD DRIVE has not materially changed since September 2023.

How Large is 69 RAKEWOOD DRIVE?

69 RAKEWOOD DRIVE is 78m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oldham, and where 69 RAKEWOOD DRIVE lies on this distribution: 15% of detached houses houses are smaller than 69 RAKEWOOD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oldham.

69 RAKEWOOD DRIVE: Plot and Title Map

69 RAKEWOOD DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 69 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 69 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 69 RAKEWOOD DRIVE?

69 RAKEWOOD DRIVE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 69 on RAKEWOOD DRIVE.