7, OAKLEY DRIVE, OLDHAM, OL1 4TR - £115,000

7 OAKLEY DRIVE is a large detached house of 120m², built sometime between 2007 and 2011. It was last sold for £115,000 in March 2023, which was around 65% below the average March 2023 detached price in the Oldham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

7 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 7 OAKLEY DRIVE 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. Two of the three 7 OAKLEY DRIVE sales were for below the average price, whilst one was 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
2023 22 MAR	£115,000	£330,068	65% below HPI
2020 31 JUL	£222,000	£251,147	12% below HPI
2003 30 JUN	£119,950	£113,268	6% above HPI

7 OAKLEY 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 three 7 OAKLEY DRIVE sales between June 2003 and March 2023 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 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 7 OAKLEY DRIVE?

7 OAKLEY DRIVE is 120m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Oldham, based on EPC data. The below chart shows the distribution of detached houses by size in Oldham, and where 7 OAKLEY DRIVE lies on this distribution: 72% of detached houses are smaller than 7 OAKLEY DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Oldham.

7 OAKLEY DRIVE: Plot and Title Map

7 OAKLEY DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 OAKLEY 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 7 OAKLEY 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 7 OAKLEY DRIVE?

7 OAKLEY DRIVE is located in OLDHAM, in the OL1 postcode district. The below map shows the position of No. 7 on OAKLEY DRIVE.