1, THORALBY CLOSE, MANCHESTER, M12 4NW - £66,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THORALBY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £336,472. It was last sold for £66,000 in January 2002, which was around 26% below the average January 2002 detached price in the Manchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was G, and the potential energy rating was B.

1 THORALBY CLOSE Sold Prices

Land registry data shows two sales for 1 THORALBY 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 Manchester local authority area for the corresponding sale date. Both of the two 1 THORALBY CLOSE sales were for below 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
2002 4 JAN	£66,000	£89,430	26% below HPI
1999 30 APR	£54,500	£68,825	21% below HPI

1 THORALBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 1 THORALBY CLOSE sales from April 1999 and January 2002 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 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 THORALBY CLOSE be worth now?

1 THORALBY CLOSE might now be worth an estimated £336,472.

This is based on house price inflation of 409.8%, between January 2002 and December 2024, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 409.8% inflationary increase is applied to the most recent sale price for 1 THORALBY CLOSE of £66,000 on 4th January 2002. For the value to have increased from £66,000 to £336,472 over the 21 years and one month to December 2024, the following assumptions must hold true:

• The value of 1 THORALBY CLOSE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The January 2002 sale price of £66,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THORALBY CLOSE has not materially changed since January 2002.

How Large is 1 THORALBY CLOSE?

1 THORALBY CLOSE is 69m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 1 THORALBY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 THORALBY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Manchester.

1 THORALBY CLOSE: Plot and Title Map

1 THORALBY CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 1 THORALBY 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 THORALBY 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 THORALBY CLOSE?

1 THORALBY CLOSE is located in MANCHESTER, in the M12 postcode district. The below map shows the position of No. 1 on THORALBY CLOSE.