7, IRK VALE DRIVE, CHADDERTON, OLDHAM, OL1 2TW - £350,000

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.

7 IRK VALE DRIVE is a very large extended detached house of 147m², built sometime between 1976 and 1982, which could now be worth an estimated £624,265. It was last sold for £350,000 in June 2016, which was around 73% above the average June 2016 detached price in the Oldham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

7 IRK VALE DRIVE Sold Prices

Land registry data shows two sales for 7 IRK VALE 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 7 IRK VALE DRIVE sales were for above 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
2016 16 JUN	£350,000	£202,749	73% above HPI
1997 14 FEB	£165,000	£71,899	129% above HPI

7 IRK VALE 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 7 IRK VALE DRIVE sales from February 1997 and June 2016 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 1997 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the June 2016 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 7 IRK VALE DRIVE be worth now?

7 IRK VALE DRIVE might now be worth an estimated £624,265.

This is based on house price inflation of 78.4%, between June 2016 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 78.4% inflationary increase is applied to the most recent sale price for 7 IRK VALE DRIVE of £350,000 on 16th June 2016. For the value to have increased from £350,000 to £624,265 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 7 IRK VALE DRIVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The June 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 IRK VALE DRIVE has not materially changed since June 2016.

How Large is 7 IRK VALE DRIVE?

7 IRK VALE DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses houses in Chadderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chadderton, and where 7 IRK VALE DRIVE lies on this distribution: 90% of detached houses houses are smaller than 7 IRK VALE DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Chadderton.

7 IRK VALE DRIVE: Plot and Title Map

7 IRK VALE DRIVE sits on a plot of roughly 0.629 of an acre, or 2,546m². The below map shows the location of 7 IRK VALE 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 7 IRK VALE 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 7 IRK VALE DRIVE?

7 IRK VALE DRIVE is located in CHADDERTON, in the OL1 postcode district. The below map shows the position of No. 7 on IRK VALE DRIVE.