DRAKE HOUSE, GREAVE PARK, UPPERMILL, OLDHAM, OL3 6LB - £720,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

DRAKE HOUSE is a very large detached house of 199m², built sometime between 1991 and 1995. It was last sold for £720,000 in August 2020, which was around 186% above the average August 2020 detached price in the Oldham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

DRAKE HOUSE Sold Prices

Land registry data shows three sales for DRAKE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. All of the three DRAKE HOUSE 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
2020 25 AUG	£720,000	£251,548	186% above HPI
2016 29 JUL	£605,000	£207,566	191% above HPI
2010 20 MAY	£489,000	£191,114	156% above HPI

DRAKE HOUSE 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 three DRAKE HOUSE sales between May 2010 and August 2020 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 July 2016 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the August 2020 sale, where it falls to 186% above the HPI. The line then continues to track at 186% above the HPI.

How Large is DRAKE HOUSE?

DRAKE HOUSE is 199m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Uppermill, based on EPC data. The below chart shows the distribution of detached houses by size in Uppermill, and where DRAKE HOUSE lies on this distribution: 85% of detached houses are smaller than DRAKE HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Uppermill.

DRAKE HOUSE: Plot and Title Map

DRAKE HOUSE sits on a plot of roughly 0.586 of an acre, or 2,373m². The below map shows the location of DRAKE HOUSE, 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 DRAKE HOUSE). 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 DRAKE HOUSE?

DRAKE HOUSE is located on GREAVE PARK in UPPERMILL, in the OL3 postcode district. The below map shows the position of DRAKE HOUSE on GREAVE PARK.