84, RAKEWOOD DRIVE, OLDHAM, OL4 2NP - £212,500

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.

84 RAKEWOOD DRIVE is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £250,175. It was last sold for £212,500 in April 2022, which was around 7% above the average April 2022 semi-detached price in the Oldham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

84 RAKEWOOD DRIVE Sold Prices

Land registry data shows two sales for 84 RAKEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oldham local authority area for the corresponding sale date. Both of the two 84 RAKEWOOD 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
2022 14 APR	£212,500	£197,920	7% above HPI
2006 3 MAR	£127,000	£113,135	12% above HPI

84 RAKEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oldham local authority area over time, sourced from the HPI. The two 84 RAKEWOOD DRIVE sales from March 2006 and April 2022 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 March 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 84 RAKEWOOD DRIVE be worth now?

84 RAKEWOOD DRIVE might now be worth an estimated £250,175.

This is based on house price inflation of 17.7%, between April 2022 and March 2025, for semi-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 17.7% inflationary increase is applied to the most recent sale price for 84 RAKEWOOD DRIVE of £212,500 on 14th April 2022. For the value to have increased from £212,500 to £250,175 over the three years and one month to March 2025, the following assumptions must hold true:

• The value of 84 RAKEWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Oldham local authority area.
• The April 2022 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 84 RAKEWOOD DRIVE has not materially changed since April 2022.

How Large is 84 RAKEWOOD DRIVE?

84 RAKEWOOD DRIVE is 68m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Oldham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oldham, and where 84 RAKEWOOD DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 84 RAKEWOOD DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oldham.

84 RAKEWOOD DRIVE: Plot and Title Map

84 RAKEWOOD DRIVE sits on a plot of roughly 6.0 acres, or 24,266m². The below map shows the location of 84 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 84 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 84 RAKEWOOD DRIVE?

84 RAKEWOOD DRIVE is located in OLDHAM, in the OL4 postcode district. The below map shows the position of No. 84 on RAKEWOOD DRIVE.