1, PETREL CLOSE, DROYLSDEN, MANCHESTER, M43 7TE - £237,750

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 PETREL CLOSE is a very large extended detached house of 156m², built sometime between 1991 and 1995. It was last sold for £237,750 in January 2015, which was around 21% above the average January 2015 detached price in the Tameside local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 PETREL CLOSE Sold Prices

Land registry data shows two sales for 1 PETREL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tameside local authority area for the corresponding sale date. Both of the two 1 PETREL CLOSE 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
2015 23 JAN	£237,750	£196,609	21% above HPI
1998 7 JUL	£81,000	£76,048	7% above HPI

1 PETREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tameside local authority area over time, sourced from the HPI. The two 1 PETREL CLOSE sales from July 1998 and January 2015 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 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 PETREL CLOSE?

1 PETREL CLOSE is 156m², which includes three extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Droylsden, based on EPC data. The below chart shows the distribution of detached houses by size in Droylsden, and where 1 PETREL CLOSE lies on this distribution: 94% of detached houses are smaller than 1 PETREL CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Droylsden.

1 PETREL CLOSE: Plot and Title Map

1 PETREL CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1 PETREL CLOSE, 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 PETREL CLOSE). 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 PETREL CLOSE?

1 PETREL CLOSE is located in DROYLSDEN, in the M43 postcode district. The below map shows the position of No. 1 on PETREL CLOSE.