2, CASTLEMERE DRIVE, SHAW, OLDHAM, OL2 8TQ - £275,000

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.

2 CASTLEMERE DRIVE is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £511,702. It was last sold for £275,000 in January 2016, which was around 36% above the average January 2016 detached price in the Oldham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

2 CASTLEMERE DRIVE Sold Prices

Land registry data shows two sales for 2 CASTLEMERE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oldham local authority area for the corresponding sale date. Both of the two 2 CASTLEMERE 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
2016 11 JAN	£275,000	£201,811	36% above HPI
2003 19 SEP	£172,000	£120,824	42% above HPI

2 CASTLEMERE 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 two 2 CASTLEMERE DRIVE sales from September 2003 and January 2016 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 September 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2016 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 CASTLEMERE DRIVE be worth now?

2 CASTLEMERE DRIVE might now be worth an estimated £511,702.

This is based on house price inflation of 86.1%, between January 2016 and May 2026, 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 86.1% inflationary increase is applied to the most recent sale price for 2 CASTLEMERE DRIVE of £275,000 on 11th January 2016. For the value to have increased from £275,000 to £511,702 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 CASTLEMERE DRIVE has moved in line with the HPI for detached houses in the Oldham local authority area.
• The January 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CASTLEMERE DRIVE has not materially changed since January 2016.

How Large is 2 CASTLEMERE DRIVE?

2 CASTLEMERE DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses houses in Shaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaw, and where 2 CASTLEMERE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 2 CASTLEMERE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shaw.

2 CASTLEMERE DRIVE: Plot and Title Map

2 CASTLEMERE DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 CASTLEMERE 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 2 CASTLEMERE 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 2 CASTLEMERE DRIVE?

2 CASTLEMERE DRIVE is located in SHAW, in the OL2 postcode district. The below map shows the position of No. 2 on CASTLEMERE DRIVE.