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

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

69 RAKEWOOD DRIVE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £279,950 in September 2023, which was around 16% 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	£331,841	16% below HPI
2001 23 NOV	£82,500	£90,890	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 16% below the HPI. The line then continues to track at 16% below the HPI.

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 in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 69 RAKEWOOD DRIVE lies on this distribution: 15% of detached 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.