1, MERLEWOOD DRIVE, ASTLEY, MANCHESTER, M29 7PG - £250,000

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.

1 MERLEWOOD DRIVE is a small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £318,020. It was last sold for £250,000 in May 2021, which was around 2% above the average May 2021 detached price in the Wigan local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

1 MERLEWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 MERLEWOOD 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 Wigan local authority area for the corresponding sale date. Both of the two 1 MERLEWOOD 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
2021 14 MAY	£250,000	£244,775	2% above HPI
2014 4 APR	£172,000	£169,779	1% above HPI

1 MERLEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 1 MERLEWOOD DRIVE sales from April 2014 and May 2021 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 April 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 MERLEWOOD DRIVE be worth now?

1 MERLEWOOD DRIVE might now be worth an estimated £318,020.

This is based on house price inflation of 27.2%, between May 2021 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 1 MERLEWOOD DRIVE of £250,000 on 14th May 2021. For the value to have increased from £250,000 to £318,020 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 MERLEWOOD DRIVE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The May 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERLEWOOD DRIVE has not materially changed since May 2021.

How Large is 1 MERLEWOOD DRIVE?

1 MERLEWOOD DRIVE is 91m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Tyldesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tyldesley, and where 1 MERLEWOOD DRIVE lies on this distribution: 27% of detached houses houses are smaller than 1 MERLEWOOD DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Tyldesley.

1 MERLEWOOD DRIVE: Plot and Title Map

1 MERLEWOOD DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 1 MERLEWOOD 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 MERLEWOOD 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 MERLEWOOD DRIVE?

1 MERLEWOOD DRIVE is located in ASTLEY, in the M29 postcode district. The below map shows the position of No. 1 on MERLEWOOD DRIVE.