8, OAKWAY, MIDDLETON, MANCHESTER, M24 6TD - £195,000

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

8 OAKWAY is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £195,000 in July 2015, which was around 2% above the average July 2015 detached price in the Rochdale local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

8 OAKWAY Sold Prices

Land registry data shows two sales for 8 OAKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochdale local authority area for the corresponding sale date. Both of the two 8 OAKWAY 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
2015 31 JUL	£195,000	£192,026	2% above HPI
1996 16 AUG	£88,300	£72,015	23% above HPI

8 OAKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochdale local authority area over time, sourced from the HPI. The two 8 OAKWAY sales from August 1996 and July 2015 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 August 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 OAKWAY?

8 OAKWAY is 87m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where 8 OAKWAY lies on this distribution: 27% of detached houses are smaller than 8 OAKWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Middleton.

8 OAKWAY: Plot and Title Map

8 OAKWAY sits on a plot of roughly 1.5 acres, or 6,191m². The below map shows the location of 8 OAKWAY, 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 OAKWAY). 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 OAKWAY?

8 OAKWAY is located in MIDDLETON, in the M24 postcode district. The below map shows the position of No. 8 on OAKWAY.