8, MOORWOOD DRIVE, OLDHAM, OL8 2XD - £112,300

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.

8 MOORWOOD DRIVE is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £226,358. It was last sold for £112,300 in May 2013, which was around 37% below the average May 2013 detached price in the Oldham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

8 MOORWOOD DRIVE Sold Prices

Land registry data shows five sales for 8 MOORWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. The five 8 MOORWOOD DRIVE sales were a mix of below the average price, and roughly equal to 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
2013 23 MAY	£112,300	£179,409	37% below HPI
2010 26 NOV	£155,000	£192,953	20% below HPI
2004 20 AUG	£133,000	£151,771	12% below HPI
2001 30 OCT	£79,500	£89,850	12% below HPI
2000 30 JUN	£79,275	£79,451	Close to HPI

8 MOORWOOD 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 five 8 MOORWOOD DRIVE sales between June 2000 and May 2013 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 MOORWOOD DRIVE be worth now?

8 MOORWOOD DRIVE might now be worth an estimated £226,358.

This is based on house price inflation of 101.6%, between May 2013 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 101.6% inflationary increase is applied to the most recent sale price for 8 MOORWOOD DRIVE of £112,300 on 23rd May 2013. For the value to have increased from £112,300 to £226,358 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 8 MOORWOOD DRIVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The May 2013 sale price of £112,300 represented a fair market value for the property.
• The size, condition, and specification of 8 MOORWOOD DRIVE has not materially changed since May 2013.

How Large is 8 MOORWOOD DRIVE?

8 MOORWOOD DRIVE is 91m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% 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 8 MOORWOOD DRIVE lies on this distribution: 32% of detached houses houses are smaller than 8 MOORWOOD DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Oldham.

8 MOORWOOD DRIVE: Plot and Title Map

8 MOORWOOD DRIVE sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 8 MOORWOOD 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 8 MOORWOOD 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 8 MOORWOOD DRIVE?

8 MOORWOOD DRIVE is located in OLDHAM, in the OL8 postcode district. The below map shows the position of No. 8 on MOORWOOD DRIVE.