1, MALHAM DRIVE, WHITEFIELD, MANCHESTER, M45 8SD - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MALHAM DRIVE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2024, which was around 27% below the average July 2024 detached price in the Bury local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

1 MALHAM DRIVE Sold Prices

Land registry data shows three sales for 1 MALHAM 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 Bury local authority area for the corresponding sale date. Two of the three 1 MALHAM 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
2024 31 JUL	£290,000	£399,553	27% below HPI
2000 18 FEB	£59,995	£89,365	33% below HPI
1996 25 OCT	£82,650	£80,119	3% above HPI

1 MALHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The three 1 MALHAM DRIVE sales between October 1996 and July 2024 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 February 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 MALHAM DRIVE?

1 MALHAM DRIVE is 81m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Whitefield, based on EPC data. The below chart shows the distribution of detached houses by size in Whitefield, and where 1 MALHAM DRIVE lies on this distribution: 9% of detached houses are smaller than 1 MALHAM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whitefield.

1 MALHAM DRIVE: Plot and Title Map

1 MALHAM DRIVE sits on a plot of roughly 0.389 of an acre, or 1,575m². The below map shows the location of 1 MALHAM 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 1 MALHAM 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 1 MALHAM DRIVE?

1 MALHAM DRIVE is located in WHITEFIELD, in the M45 postcode district. The below map shows the position of No. 1 on MALHAM DRIVE.