OAKFIELD, RINGWAY ROAD, MANCHESTER, M22 5WF - £310,000

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.

OAKFIELD is a very large extended detached house of 211m², built sometime between 1900 and 1929, which could now be worth an estimated £623,986. It was last sold for £310,000 in December 2007, which was around 36% above the average December 2007 detached price in the Manchester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

OAKFIELD Sold Prices

Land registry data shows two sales for OAKFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. One of the two OAKFIELD sales was for above the average price, whilst the other was for below 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
2007 14 DEC	£310,000	£228,652	36% above HPI
1998 18 DEC	£70,000	£73,465	5% below HPI

OAKFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two OAKFIELD sales from December 1998 and December 2007 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 December 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2007 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might OAKFIELD be worth now?

OAKFIELD might now be worth an estimated £623,986.

This is based on house price inflation of 101.3%, between December 2007 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 101.3% inflationary increase is applied to the most recent sale price for OAKFIELD of £310,000 on 14th December 2007. For the value to have increased from £310,000 to £623,986 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of OAKFIELD has moved in line with the HPI for detached houses in the Manchester local authority area.
• The December 2007 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of OAKFIELD has not materially changed since December 2007.

How Large is OAKFIELD?

OAKFIELD is 211m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses houses in Wythenshawe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wythenshawe, and where OAKFIELD lies on this distribution: 95% of detached houses houses are smaller than OAKFIELD, and 5% of houses are larger. Note that EPC data is not available for all properties in Wythenshawe.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on RINGWAY ROAD in MANCHESTER, in the M22 postcode district. The below map shows the position of OAKFIELD on RINGWAY ROAD.